Here is
the balance of what 40-year veteran, Bill Haynes, President of CMI Gold
& Silver had to say: “This
massive buying came in from many people who are brand new to the gold and silver
markets. But at the same time, investors which own physical gold and silver at
much lower prices were stepping up and adding aggressively to their existing
positions.
Across the board, buyers expressed that they were
deeply troubled about the deteriorating financial condition of the United States
and other Western nations...."
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