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Out of context: Reply #162

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  • Beeswax0

    invested in Gold in February when it was 300try per gram,right now it's close to 390try.
    Gold rally combined with Try devaluation created 30% profit.

    I'm following silver now.
    It's still at a reasonable price around $15.5
    And it usually follows Gold during times of crisis.
    Checkout what it did in 2011.
    Consider this a medium to long term advice guys.
    Right now there's a massive investor interest in silver that it's getting pretty hard to find Silver coins on spot markets.

    But what actually drives the price is the Industrial silver demand. China and Japan are the top Silver buyers for tech industry. When they start using their capacity again there will be a shortage of silver in the world since mines are shut down.

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