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Melman on Gold & Silver

... if the “renewed prosperity” concept fails to materialize and additional crises are on their way—each one to be met with currency expansions and worsening conditions—then we would speculate that gold and silver will move higher.

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Time is a commodity which if traded would dwarf the price of gold. Nobody has enough of it; we can’t make more of it; and whether squandered or spent wisely, once gone, it’s gone forever. To find gold we have to spend time.

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