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<p>[QUOTE=&quot;Del Pinto, post: 2181434, member: 73128&quot;]From 8 Dec 2009 to 13 June 2011, choice dates for the LAST Greek default scenario, Silver went from USD 17.50 to 35.75 (call it &quot;doubled.&quot;) I didn&#039;t seriously think the Grexit would occur then, and I&#039;m not guessing odds now; what <i>magnitude greater</i> to assume for an actual future default I also can&#039;t fathom.</p><p><br /></p><p>(fwiw the Euro lost only ~-2.50% of its value in that specific date range. Dire loss, not really. But possible evidence of PMs as a safe haven in the hypothetical imagined, YES.)</p><p><br /></p><p>IMO Silver really isn&#039;t currently pricing in a Greek default risk, unless you&#039;re arguing Ag is <i>vastly overvalued</i> now.[/QUOTE]</p><p><br /></p>

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