5.06.2006

Get yourself a powder charge and seal that silver mine

Renowned investor Marc Faber sees gold going to $6,000 over the next 10 years.

Meanwhile, back in SF, I went to an analyst lunch on precious metals. What I heard confirmed my views. I am hanging onto my gold, and just added some silver. I bought the new ETF, SLV, plus a silver mining stock. The stock is pretty speculative, so I don't want to name it here, but if you're curious, e-mail me.

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Inflation is always and everywhere a progressive phenomenon

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