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cbwang888 (25.59)

February 2011

Recs

9

The revenge of silver (take # 5)

February 24, 2011 – Comments (3) | RELATED TICKERS: SLV , GLD , UUP

 

The sudden 4% correction in silver in an hour today is a typical institutional paper shorting move which will backfire in a longer term.

I can see silver @ $50/oz in a year

On the flip side, USD index is about to break 77 level and soon in the all time low zone ...

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