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August 12, 2011 / Jeb

Accommodative Moves By The Federal Reserve Board Boost Silver and Gold

My firm is witnessing the resumption of the long term uptrend in gold and silver bullion, as well as precious metal mining stocks. Along the way there have been many negative voices suggesting a move into the US dollar and long term treasuries. We see no underlying fundamental reasons for this and find that the safe havens of yesteryear are falling by the wayside. I’ve written that investors are preparing for further accommodative moves by the Federal Reserve Board.

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