Ned Schmidt is a regular guest on FSN. He’s been writing a newsletter for many years and he’s welcomed the recent precious metals decline. It’s a great time to buy. The hedge funds are being forced from the market. This is all good for the future of precious metals. He thinks that the market might have put in a final bottom today. As Ned explains, first the newly printed dollars went into bonds, then into the stock market and finally they’re going into commodities. Finally the inflation really picks up steam and then it’s off to the precious metals markets.
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