David Erfle returns… Markets and the precious metals sector are taking quite a hit; what is in store? Several months ago, the markets were looking good, but then we had a failed rally. Silver is showing weakness after showing relative strength for a couple months. We’re probably going to get a bounce in Gold around 1950/1920. The Dollar is a safe haven currency for a reason. Whenever there is chaos in the market, it hits the metals and mining stocks. 8.5% drastically understates the real rate of inflation. Export driven economies crumble when inflation goes up extremely. The Keynesian model is collapsing. The Internet hyper-charged global growth.
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