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To: NormsRevenge
persistent and continual bad news about the Euro and the daily disastrous job numbers could be the catalyst for an upward resumption.

Hmmmmm.

There are two theories floating out there:

Theory 1: The worlds currencies, led by the Euro continuously weaken and gold and silver naturally rally as the only remaining safe haven.

Theory 2: The Euro weakens strengthening the dollar with a subsequent weakening of the precious metals priced in dollars.

Can't be both.

4 posted on 06/01/2012 4:54:12 PM PDT by InterceptPoint (TIN)
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To: InterceptPoint

Theory 3: The Euro weakens, strengthening the dollar with a subsequent weakening of the precious metals priced in dollars. Then investors realize the dollar has the same problems as the Euro and the USA’s #1 export market, Europe, has dried up and the dollar tanks also causing metals to be the last man standing.


5 posted on 06/02/2012 8:35:29 AM PDT by El Laton Caliente (NRA Life Member & www.Gunsnet.net Moderator)
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