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Re: Will the Silver Rush Kill a Faltering Economy?

By: lkorrow in CONSTITUTION | Recommend this post (0)
Sat, 30 Apr 11 7:57 PM | 57 view(s)
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Msg. 12982 of 21975
(This msg. is a reply to 12978 by DueDillinger)

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Due, A few years ago, when I did, I noticed a divergence from the usual inverse relationship. Seemed that was due to people investing in a safe haven during uncertain times. I couldn't say that now, since I haven't been watching gold/silver and the dollar closely, but I assume you are!




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The above is a reply to the following message:
Re: Will the Silver Rush Kill a Faltering Economy?
By: DueDillinger
in CONSTITUTION
Sat, 30 Apr 11 10:33 AM
Msg. 12978 of 21975

What an ignorant piece! Silver's price reflects the rapidly diminishing value of the dollar. Based on the historical ratio of with the value of gold (16:1), silver is still quite undervalued at $50.

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