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Tuesday, April 09, 2013

That Dreadful Day

http://kunstler.com/blog/2013/04/that-dreadful-day.html

Though I'm generally allergic to conspiracy theories, it smells like someone is engineering the downward behavior of the metals. The central banks of the US and Europe have a big incentive for driving the price down: it makes their currencies look stronger - despite the universal QE policies designed to make them actually weaker.

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