This means that it may be time for investors to reverse course in the currency, US exporters and precious metals trade taking profits in GLD and SLV.
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From the metals trade which is my daily bread I can tell you that no one is ever going to build another copper smelter in the US ever again.
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This means that it may be time for investors to reverse course in the currency, US exporters and precious metals trade, going short rather than long on these two trades.
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