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RE: Daily Blog: July 17, 2017 - Cementing the position!

in #steemsilvergold7 years ago

Honestly, who in the #steemsilvergold community really cares about the paper derivatives, SLV market - other than the fact that this rampant speculation has been successful in driving down the price of real silver bullion? If you are buying the paper junk, you're part of the problem and you're also an idiot - in my opinion.

So ,the "Silver Sale" continues. Get more bullion while you still can - it won't remain on sale forever. At $16/oz. you can't do much better than that. You are certainly going to be able to take 100 - 200% profits sometime soon, if you're impatient. Otherwise, hold for a few years more - let's see how well the dollar comes out of the next U.S. budget crisis, and how much more quantitative easing will be done by the Fed, and how many people around the world are tired of having their wealth destroyed by the dollar printing-presses. Something tells me it may not be too much longer...

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