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Silver Stock Report "First, silver is not going to "spike again" to $50/oz. Instead, silver will roar past $300/oz. due to monetary demand...(January 26, 2007)

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Quote"At first, I thought silver was merely "cheap" at $5/oz., thinking that the downside was limited, and that we had a good shot at silver repeating the performance in 1980 of $50/oz. But now, I think $50/oz. will just be the start...

First, silver is not going to "spike again" to $50/oz. Instead, silver will roar past $300/oz. due to monetary demand.

Second, silver may well be manipulated due to the NYMEX futures contracts. However, silver is manipulated far more because of the existence of paper money, and as paper money continues to fail, and monetary demand for silver returns, silver's value will skyrocket.

Third, silver will skyrocket not due to current supply and demand fundamentals, but due to the overwhelming monetary demand..."(January 26, 2007)