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Re: Montanore post# 627

Monday, 09/26/2011 8:43:57 AM

Monday, September 26, 2011 8:43:57 AM

Post# of 1990
Fraily's newsletter

(you probably already receive it, but here it is anyway)

http://breakpointtrades.com/controls/preview.php?nl_id=776

Copper is discussed in last 2 minutes. He said it may be close to a bottom, (after a bounce, then final 5 down) which if you believe it is a bellwhether for the general market, then that means the general market gets a bounce then down again.

As far as the selloff in silver: JPM needed to cover.
Obviously the drop was engineered AGAIN via margin hikes.

I was talking to a numismatics dealer on Memorial Day (yes, May) and I said I would wait til Silver hit $25 before buying more.
He said "PFFFFFFFFFFFT". I laughed. And he said "[he] wouldn't have any for sale at that price", with a laugh.

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