• Gold: 1,510.23 -4.01
  • Silver: 17.07 -0.04
  • Euro: 1.109 0.000
  • USDX: 98.142 -0.094
  • Oil: 55.31 0.4

They WILL lose

Andy Hoffman
|
Friday, April 11th
SilverSeek.com Comment Wire

The global equity crash continues, notwithstanding this morning's blatant PPT efforts to staunch the blood flow.  Worldwide, economic data is collapsing, whilst inflation is surging.  Washing oil surge whilst stocks plunge should scare the heck out of anyone believing in "deflation and recovery."  But then again, we have been saying this all along.

 

In the PM markets, the Cartel is desperately defending "battlefield $20 silver," as well as $1,320 gold in its desperation to show the world that TREASURIES, not PMs, are safe havens.  They WILL lose, and likely, much sooner than most can imagine.

 

 

 

Andrew C. Hoffman, CFA

Marketing Director

Miles Franklin Ltd.


 

ahoffman@milesfranklin.com

www.milesfranklin.com

 

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