first majestic silver

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Early this month, the S&P500 P/E ratio was 52% higher than its modern era average. By this valuation, the market is OVERVALUED. To fall back to the modern era average, the S&P500 would need to plunge  to around $2,200.

The Incas thought gold represented the glory of their sun god and referred to the precious metal as “Tears of the Sun.”

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