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Message: Peter update on GOLD
  • It appears a handful of people are misinterpreting my most recent comments on gold and silver. While I did suggest selling silver when it was at $49.25, I didn’t suggest any sales of gold. I noted for the umpteen time I believe its “mother” of all bull markets won’t end until it’s at least $2,000+ an ounce. I did however strongly suggest for people who own it other than for purely monetary purposes, to consider establishing an exit strategy that for me would be a scale-up selling approach. I will let you know when I think such a feat should commence (we’re not to far away as my work is suggesting an important high in gold in the $1,550 – $1,600 area and we shall soon enter a seasonally weak period for gold). Stay tuned (and for the love of God stop listening too what some chat board poster claims about me versus what you can see for yourself here).
  • Grandich Client Cap-Ex Ventures was noted as a possible takeover candidate in the Daily Pescod Letter.
  • Grandich Client Formation Metals announces acquisition in Mexico silver project.

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