by Dr. Jeffrey Lewis, Silver-coin-investor:
Investors and observers watching the drama unfold in the Ukraine should not be surprised at the short price action of the precious metals, mainly gold and silver. Throughout the crisis (and as matter of record with practically every other crisis) the metals are driven down by a system that becomes more sophisticated each day.
The ramifications and consequences of events in the Ukraine and Crimea are dire and easy to imagine. These ramifications radiate and dovetail with the multitude of other potential and current hot spots in other energy strategic areas of the world.
Conflict creates palpable fear. Fear creates the need for security, confidence, and assets that are unencumbered by the machinations of the various parties involved. The precious metals have served as that anchor for the millennia.
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