Mickey Fulp joined us for a review of today’s insane action in the precious metal markets. He was a buyer of gold yesterday and he’ll be a buyer on Monday as well. Gold’s price fluctuations have had absolutely no affect on his inherent distrust of the badly fractured banking system. Gold and silver are now, as they always have been, insurance policies against financial collapse. The 2008-09 collapse should have been a worldwide wake-up call, but very few people other than the Asians paid any attention. Where gold goes from here is a great question, but not really a very important one.
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