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2011 GOLD high $1,500.00, SILVER high $24.00
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<p>[QUOTE="desertgem, post: 1046053, member: 15199"]From the actions since the asian incidents ( China/Russia common currency, N.S. Korea) I am going with the idea that not as many actually support the "hold physical, currencies are all going to crash" hypothesis , especially world wide. When bad things seem to threaten, the USD has been strengthening, and the Irish bailout, and maybe other bailouts will apparently continue the strong move of the USD. But the Federal actions seem to be trying to limit this as it will drive the US more to the importer side of the balance which has caused many problems over the years. On one hand we can be happy that the US dollar is stronger than before, and maybe will be the dominating currency still in the world, but on the other, it seems that PM will have a harder time of it than the basic commodities. Since there are so many unexpected events that could happen in the world, today is a difficult time to try and invest in Bullion, stock, almost anything. Actually chocolate bars ( Cocoa)might not be a bad thing <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>All IMO.</p><p><br /></p><p>Jim[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 1046053, member: 15199"]From the actions since the asian incidents ( China/Russia common currency, N.S. Korea) I am going with the idea that not as many actually support the "hold physical, currencies are all going to crash" hypothesis , especially world wide. When bad things seem to threaten, the USD has been strengthening, and the Irish bailout, and maybe other bailouts will apparently continue the strong move of the USD. But the Federal actions seem to be trying to limit this as it will drive the US more to the importer side of the balance which has caused many problems over the years. On one hand we can be happy that the US dollar is stronger than before, and maybe will be the dominating currency still in the world, but on the other, it seems that PM will have a harder time of it than the basic commodities. Since there are so many unexpected events that could happen in the world, today is a difficult time to try and invest in Bullion, stock, almost anything. Actually chocolate bars ( Cocoa)might not be a bad thing :) All IMO. Jim[/QUOTE]
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