``You know my longstanding price projections have been $1800 gold and $50 silver by the end of June. Silver essentially reached my target already, so it would not be surprising for it to move sideways in a large trading range waiting for gold to catch up. But regardless of when those price targets are reached, KWN readers need to focus on the fact that the US dollar remains in a long-term bear market. The flip-side of that coin is that we are witnessing a major bull market in the precious metals. So readers should not be misled by price gyrations or news items that are of no long-term consequence. ''

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