Don Harrold has been buying silver for many years. He sold off a portion of his holdings when silver hit its 2011 high. Now he’s buying it back at greatly discounted prices. He doesn’t believe any of the hype about manipulation and price suppression. He does however believe that this is a good time to be buying the metal. Long term currency debasement and erosion of the dollar are baked into the cake. Therefore, once rates start heading higher, you will see the velocity of money speed-up and inflation will increase dramatically. We do agree with his long term silver outlook.
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