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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: loantech9/3/2007 11:21:35 AM
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The bottom line is though silver appears to be weak, especially compared to gold, this shouldn't come as a surprise due to its hyper-speculative nature. Even with silver in the midst of a mini-downtrend and relative support at a bull record low, there is still no reason to panic.

The uptrend and downtrend that have followed the major interim low off silver's May 2006 top should be considered in strategic context. These separate trends are turning out to just be tactical noise in what is panning out to be a long consolidation similar to the one following silver's first major upleg.

Investors now have the opportunity to become true contrarians and deploy speculative capital into the much-feared silver-stock environment. If silver's last two uplegs and consolidations tell the story of what is to come, then legendary gains could be just around the corner.

gold-eagle.com
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