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Tag Archives: Great Silver Bubble

The Great Silver Bubble

See the introduction and the video for the terms gold basis, co-basis, backwardation and contango. Bubble Conditions The price of gold was down about fifteen Federal Reserve Notes this week. The price of silver was down sixty-two copper-plated zinc pennies. Is the Federal Reserve Note a suitable instrument with which to measure gold? Can one really use debased pennies – which aren’t even made of the base metal copper...

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