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Precious Metals: Fake-Rally Ends, Hostage Markets Return

Precious Metals: Fake-Rally Ends, Hostage Markets Return

 

Precious Metals: Fake-Rally Ends, Hostage Markets Return

Written by Jeff Nielson

 

 

Back at the beginning of 2009, we had a real rally in the precious metals sector. The price of gold increased by roughly 2 ½ times. Silver led the way, rising more than double that amount. And the precious metals miners soared much higher, leveraging the gains in metals prices – as they must do, in any legitimate rally.

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