with the news out of Ireland that some sort of deal has been agreed to postpone a debt reckoning there, the markets reversed their bias for a stronger dollar last night. So what is the result of that?
--Stocks were higher. Silver is up 7% after making a two-week low on Tuesday. Silver is up 60% in the last twelve months, by the way—a sure sign that in the trenches of the real economy savers are hedging cash positions with precious metals.
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