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Richard's Remarks

The stock market will remain bullish as long as the Transports remain above their June low of 7983. For the sake of my kids and grandkids I continue to hope the stock market remains bullish. I continue to vote for capital preservation rather than take the risk of capital appreciation. If you are in precious metals, you are doing fine without the worry of your portfolio falling apart.

1300 may be the new support level for gold and 20 may be the new support level for silver. In God and gold and silver, we trust. For the sake of the nation and my grandkids, I'm hoping that the stock market continues higher. As far as our outrageous debts are concerned it's renege or inflation. My guess is that the winner will be inflation. All eyes will soon be on the revisions of 2nd quarter GDP. Based on recent market action, I'm ... Log in or subscribe to continue reading.

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