Inverse ski slope... gold 1621.50 silver 40.51

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#1 Sun, Jul 24, 2011 - 6:55pm
Violent Rhetoric
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Inverse ski slope... gold 1621.50 silver 40.51

5:52 CT...The two charts [so far] are kind of the inverse of the popularity of Congress and the WH.

https://www.kitco.com/charts/livesilver.html

https://www.kitco.com/charts/livegold.html

This keeps up I might have to cash in a little GLD & SLV tomorrow and buy that accuracy international toy I've always dreamed of. smiley

Edited by: Violent Rhetoric on Nov 8, 2014 - 5:05am
Sun, Jul 24, 2011 - 8:59pm
Pyrat
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Does this make sense?

Shouldn't the inability to decide to raise the limit and spend a lot more be anti-inflationary?

I'm thinking that an agreement is going to cause a short-term drop in Au and Ag, even though an agreement is going to be good for both in the long-run, meaning a quicker collapse of the dollar. Neither party is serious about cutting spending.

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