Why Silver Is About To Take Over For Gold

November 26th, 2007 by GoldSilver | Posted in Economic News |

Captain Hook says:

The US Dollar ($) is losing its global reserve currency status, and the rate at which this is occurring is accelerating in direct proportion to easy money policy of the Fed. As with the $’s reaction to the Fed’s policy decision, any further administered rate cuts will be met with an accelerating decline in the $, along with unfavorable and opposite reactions in market rates. …Gold could vault to $1,000 and beyond by Christmas.

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