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Message: Ted Butler's recent commentary on metals

it really depends on how much demand there is, silver does not do well in recessions, 1991 , 2002 etc, if we have a full on consumer recession then demand will drop and the gold silver ratio will not go back below 55 say until the recession/credit contraction has ended. the market is telling you that silver is a commodity not a safe haven asset, if the CRB index ever finds a bottom , then silver will do ok

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