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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 659.00+1.0%Nov 21 4:00 PM EST

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yard_man
To: yard_man who wrote (217323)10/8/2025 5:40:49 PM
From: GROUND ZERO™1 Recommendation   of 219152
 
I just watched a live TV interview with Art Laufer, the one who invented and developed the Laufer Curve, today is the 50th Anniversary of his accomplishment on that Curve...

He was asked about gold and silver...

He said right now there's a buying frenzy but at some point within the next year or two we'll very likely see the gold and silver market collapse right back down again and it may well be vicious and unrelenting...

Art is one guy I don't ignore, one of the VERY few who knows economics inside and out...

So, I just took some downside protection in the after hours market for all my gold and silver positions, there's no reason not to be cautious, especially when someone like Art is smarter that the average run of the mill economist...

It doesn't mean the metals market is going to crash now or at all, but I thought taking some precautions now is probably a smart idea...

Just sayin'...

(sigh of relief)...

GZ
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