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Melman on Gold & Silver

Well, the events of last month have completely diverted attention away from prior problems such as tensions in Iran, arms build-ups in China and Russia, socialist experimentation in Venezuela and Bolivia, peace efforts between Israel and the Palestinians, and instead have placed the focus of the world squarely on a rapidly growing array of financial dislocations.

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It appears that market softness due to a slowing Chinese economy may already have affected precious and base metals quotes.

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