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	<title>Monetary Metals</title>
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		<title>Bernanke &#8220;No Tapering&#8221;: Silver Goes Up and Down Again</title>
		<link>http://monetary-metals.com/bernanke-no-tapering-silver-goes-up-and-down-again/</link>
		<comments>http://monetary-metals.com/bernanke-no-tapering-silver-goes-up-and-down-again/#comments</comments>
		<pubDate>Wed, 22 May 2013 15:10:32 +0000</pubDate>
		<dc:creator>Keith Weiner</dc:creator>
				<category><![CDATA[Current Market News]]></category>
		<category><![CDATA[Gold]]></category>

		<guid isPermaLink="false">http://monetary-metals.com/?p=1566</guid>
		<description><![CDATA[In February, I wrote What Drives the Price of Gold and Silver? If there is a credible rumor that the Fed is planning to further extend its “Quantitative Easing”, how would you expect the monetary metals to react? Typically, the gold price would rise and the silver price would rise even more. The question is why. [...]]]></description>
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		<slash:comments>1</slash:comments>
		</item>
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		<title>The Dollar Price Rises 33% in Lumber</title>
		<link>http://monetary-metals.com/the-dollar-price-rises-33-in-lumber/</link>
		<comments>http://monetary-metals.com/the-dollar-price-rises-33-in-lumber/#comments</comments>
		<pubDate>Tue, 21 May 2013 22:53:00 +0000</pubDate>
		<dc:creator>Keith Weiner</dc:creator>
				<category><![CDATA[Sound Bites]]></category>

		<guid isPermaLink="false">http://monetary-metals.com/?p=1560</guid>
		<description><![CDATA[&#160; &#160; &#160; Yesterday, we showed pictures of the price of a dollar in gold, silver, euros, and yen. Here is a picture of the price of a dollar in board-feet of lumber. This is a bit silly, as lumber is not a currency. But it is interesting that it shows the same phenomenon. Also, [...]]]></description>
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		<slash:comments>1</slash:comments>
		</item>
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		<title>The Dollar is Going Up</title>
		<link>http://monetary-metals.com/the-dollar-is-going-up/</link>
		<comments>http://monetary-metals.com/the-dollar-is-going-up/#comments</comments>
		<pubDate>Tue, 21 May 2013 06:37:45 +0000</pubDate>
		<dc:creator>Keith Weiner</dc:creator>
				<category><![CDATA[Currencies and Banking]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[Sovereign Debt Crisis]]></category>

		<guid isPermaLink="false">http://monetary-metals.com/?p=1544</guid>
		<description><![CDATA[Let’s take a look at a few graphs of the dollar, from Feb 1, 2013 through Friday May 17, 2013. Yes, I said graphs of the dollar. I’ve priced the dollar in gold first (of course), then silver, the euro, and even the yen. The pattern is obvious. The dollar is going up. I did [...]]]></description>
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		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>The Dollar is Going Up Part II</title>
		<link>http://monetary-metals.com/the-dollar-is-going-up-part-ii/</link>
		<comments>http://monetary-metals.com/the-dollar-is-going-up-part-ii/#comments</comments>
		<pubDate>Tue, 21 May 2013 06:35:31 +0000</pubDate>
		<dc:creator>Keith Weiner</dc:creator>
				<category><![CDATA[Currencies and Banking]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[Sovereign Debt Crisis]]></category>
		<category><![CDATA[The Last Contango - Free Membership]]></category>

		<guid isPermaLink="false">http://monetary-metals.com/?p=1541</guid>
		<description><![CDATA[Meanwhile, the spread between the interest rate and the dividend yield or earnings yield makes an attractive arbitrage. If you are the CFO of a public company and your shares pay a 4% dividend and you can borrow at 2%, it is practically a “no brainer”. The problem is that incurring debt for no productive [...]]]></description>
		<wfw:commentRss>http://monetary-metals.com/the-dollar-is-going-up-part-ii/feed/</wfw:commentRss>
		<slash:comments>8</slash:comments>
		</item>
		<item>
		<title>Gold:Silver Ratio spikes over 66!</title>
		<link>http://monetary-metals.com/goldsilver-ratio-spikes-over-66/</link>
		<comments>http://monetary-metals.com/goldsilver-ratio-spikes-over-66/#comments</comments>
		<pubDate>Mon, 20 May 2013 18:21:30 +0000</pubDate>
		<dc:creator>Keith Weiner</dc:creator>
				<category><![CDATA[Sound Bites]]></category>

		<guid isPermaLink="false">http://monetary-metals.com/?p=1534</guid>
		<description><![CDATA[Yesterday in the Gold Basis Report, we wrote: &#8220;&#8230;we reiterate that we are cautious about the price of silver (measured in grams of gold) and think the ratio is more likely to rise than to fall.&#8221; Little did we know. As this 5-minute chart shows, the ratio rose to over 66(!) before coming back down [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>May 19, 2013</title>
		<link>http://monetary-metals.com/may-19-2013/</link>
		<comments>http://monetary-metals.com/may-19-2013/#comments</comments>
		<pubDate>Mon, 20 May 2013 05:35:04 +0000</pubDate>
		<dc:creator>Keith Weiner</dc:creator>
				<category><![CDATA[The Last Contango - Free Membership]]></category>
		<category><![CDATA[The Last Contango Basis Report]]></category>

		<guid isPermaLink="false">http://monetary-metals.com/?p=1514</guid>
		<description><![CDATA[&#160; &#160; The dollar gained 1.4g gold this week, which means gold price in dollars went down $88. This is another big move that will give a false sense of confidence to the Keynesians and Monetarists (one of the business news sites was crowing this week that “Keynes has won”). They are wrong. The strengthening [...]]]></description>
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		<slash:comments>9</slash:comments>
		</item>
		<item>
		<title>Latvian Deflation will Increase their Debt Burden</title>
		<link>http://monetary-metals.com/latvian-deflation-will-increase-their-debt-burden/</link>
		<comments>http://monetary-metals.com/latvian-deflation-will-increase-their-debt-burden/#comments</comments>
		<pubDate>Fri, 17 May 2013 23:57:13 +0000</pubDate>
		<dc:creator>Keith Weiner</dc:creator>
				<category><![CDATA[Sound Bites]]></category>

		<guid isPermaLink="false">http://monetary-metals.com/?p=1508</guid>
		<description><![CDATA[This article claims that falling prices will increase Latvia&#8217;s burden of debt. It is not falling prices, but falling interest rates, that increase the burden of debt (and it is not just Latvia but the whole world, which has falling interest rates). Think of borrowing at the high level as selling a bond. Think of selling [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Are Japanese Banks on the Verge of Insolvency?</title>
		<link>http://monetary-metals.com/are-japanese-banks-on-the-verge-of-insolvency/</link>
		<comments>http://monetary-metals.com/are-japanese-banks-on-the-verge-of-insolvency/#comments</comments>
		<pubDate>Fri, 17 May 2013 01:06:21 +0000</pubDate>
		<dc:creator>Keith Weiner</dc:creator>
				<category><![CDATA[Sound Bites]]></category>

		<guid isPermaLink="false">http://monetary-metals.com/?p=1504</guid>
		<description><![CDATA[&#8220;&#8230;holdings in [gold] exchange-traded funds fell to the lowest in over four years&#8230;&#8221; as this article states. But is this a real relationship? Do holdings at the ETF necessarily fall with a falling gold price and rise with a rising gold price? The same thing has not occurred in SLV&#8211;amidst an even larger price drop than that of [...]]]></description>
		<wfw:commentRss>http://monetary-metals.com/are-japanese-banks-on-the-verge-of-insolvency/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Lies, Damn Lies, and Statistics</title>
		<link>http://monetary-metals.com/lies-damlies-and-statistics/</link>
		<comments>http://monetary-metals.com/lies-damlies-and-statistics/#comments</comments>
		<pubDate>Wed, 15 May 2013 15:59:39 +0000</pubDate>
		<dc:creator>Keith Weiner</dc:creator>
				<category><![CDATA[Sound Bites]]></category>

		<guid isPermaLink="false">http://monetary-metals.com/?p=1480</guid>
		<description><![CDATA[Homebuilder confidence increased in May. Lumber prices in the last two months? Not so much, down over 20%. &#160; When I was a kid, I saw many competing stereo receivers offering higher and higher wattage. It was pretty ridiculous to see these lightweight and flimsy boxes claiming to put out 500 watts or more. Clearly [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>&#8220;Indisputable Proof&#8221;</title>
		<link>http://monetary-metals.com/indisputable-proof/</link>
		<comments>http://monetary-metals.com/indisputable-proof/#comments</comments>
		<pubDate>Tue, 14 May 2013 15:25:08 +0000</pubDate>
		<dc:creator>Keith Weiner</dc:creator>
				<category><![CDATA[Sound Bites]]></category>

		<guid isPermaLink="false">http://monetary-metals.com/?p=1466</guid>
		<description><![CDATA[&#160; If there really was gold manipulation, articles like this one would do an injustice. The author uses the word &#8220;indisputable&#8221;. I do not think that word means what he thinks it means. According to this article, &#8220;Indian inflation eased to a 41-month low in April, giving the central bank room to extend monetary easing&#8230;&#8221; I [...]]]></description>
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		<slash:comments>2</slash:comments>
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