Metals Meltdown

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Those DUST shares I bought and sold last week for an overnight 20% profit are looking even better than ever now. Oh, well! This was a crazy trade, but a good one. The trend has totally reversed.

You can see here how miners are utterly falling to pieces, which is zero surprise considering the Page One mania that had happened with all things precious. Ma & Pa Kettle went ape for the stuff, and my local bullion shops were zany with moms coming in who had never seen the inside of a coin shop before, wondering if they could guy this “gold” they had heard so much about.

As I am typing these words, gold is desperately defending its psychologically crucial $4,000 support level. I am highly confident it will fail, probably before today’s close.

The end game for me is to pork out on so much PALL at a cheap price that it’s appalling. We aren’t there yet. It’s going to take some time. I’m just waiting patiently.

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