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Odds 'n Sods:
Two readers e-mailed me to ask me if the recent drops in the prices of gold
and silver were "disconcerting" or if I planned to change my predictions
on the metals market. My answer: NO,
I consider
the recent price drops as evidence of market manipulation in what is otherwise
a long term bull market for the metals. Look at this drop as a buying opportunity.
I have warned SurvivalBlog readers numerous times that there would be some
scary pullbacks in the market. Market manipulation by The Power That Be works in
the short term,
but it cannot change the fundamental fact the precious metals are sound money,
whereas
the
fiat paper currencies are doomed to inflation. The metals will triumph
in the long run, and inevitably the un-backed paper currencies will find their
rightful place
in the dustbin of history.
o
o o
I spotted this linked at Drudge: Climate
change 'may put world at war' The article begins: "Climate change could
cause global conflicts as large as the two world wars but lasting for centuries
unless the problem is controlled, a leading defence
think tank has warned."
o o o
New
home sales plunge to lowest level in 16-1/2 years, prices drop by largest
amount in 38 years
o o o
Martin in England sent this, confirming a letter recently posted in SurvivalBlog:
Rationing
of rice hits Britain’s
Chinese and curry restaurants
