Gold and Silver Reach New Record Nominal Highs - Little Coverage, Bearish and Superficial Analysis

Inflation and sovereign debt fears are leading to continued safe haven demand. It is as important as ever to note that the record highs are nominal highs and inflation adjusted gold and silver remain a long way from their respective highs of $2,400/oz and $140/oz in 1980. These inflation adjusted highs remain viable long term price targets. Cross Currency Rates at 1200 Precious

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