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Re: White Cobra post# 18689

Thursday, 10/04/2012 5:20:12 PM

Thursday, October 04, 2012 5:20:12 PM

Post# of 22255
Silver closing above 35. & gold above 1780. would certainly support the idea both might continue moving higher.
It seems there are two different economic worlds existing side by side. One is a real world with physical rules & laws that exact punishment on those who defy its truths too long. The other world appears to be a creation of liberal wishing & dreaming of ideas that often exceed what's possible. Can't help remember the Star Wars movie line You have to believe ! Believing in what's possible is good. Believing in what's not possible can bring disaster.
I'm amazed the news media has been able to create such a seductive economic fantasy world for so long in which prospective physical precious metals (PMs) buyers are content with paper equities. How much proof do they need that 'paper' assets are an endangered investment ? As more (real) negative economic evidence has come forth a trickle of physical silver&gold buying has turned into a small but steady stream. As the consequences of QE3 become apparent I'm thinking potential physical metals buyers inside the fantasy economic world will migrate to the real world buying PMs and overwhelm attempts to manipulate the prices down.
Takes patience for this to happen and I'll just keep stacking
until it does.

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