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May 12, 2012

Selling Pressure

Let's begin this weekend letter by dispelling any notion that my Friday silver sales in any way imply a lack of confidence in the current cycle setup. On the contrary... and as I will outline below... I am very confident that stocks, gold, oil, and commodities in general are very close, time-wise, to important lows. The adjustments made to the Docfolio were ...

 

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