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Monday, 11/11/2013 10:58:34 PM

Monday, November 11, 2013 10:58:34 PM

Post# of 36603
QE5: The Dollar Will Die, Silver Will Soar


http://www.outsiderclub.com/qe5-the-dollar-will-die-silver-will-soar/570

3. Precious metals are poised for a "horrific rally," according to Peter Schiff...

Gold is the opposite of a bubble. If you look at the cost of mining gold, the price of gold hasn't even kept pace with the increase of the cost of mining. If gold were a bubble, then mining companies would be making money hand over fist, because the price of gold would be divorced from the cost of producing it. Price would fundamentally be way too high.

Gold companies are losing money because gold is the opposite of a bubble. Gold prices should have gone up more than they did, but they went down.

4. Silver has outperformed all financial assets and major commodities like corn, wheat, Bent Crude, and copper. Indeed, silver is slowly becoming the most valuable store of "economic energy," second only to its yellow metal sister. It'll be No. 1 soon enough.

As we approach a peak energy environment, silver and gold will continue to climb with these four factors in play — racking up exponential gains in congruency with the decline of the dollar.


Truth is people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning