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2011 GOLD high $1,500.00, SILVER high $24.00
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<p>[QUOTE="10gary22, post: 1073113, member: 23626"]PM's always go up when economies hit a "panic mode". High unemployment means many more are worried about the future of currency and it's value. When total social economic collapse occurs as often during times of war, PM's are the only viable means of exchange for escape. Although we don't seem to be anywhere near that point, it would appear that many are interested in buying some "insurance", which as previously discussed, is what PM's really are. When unemployment numbers jump again in Feb or March, after the holiday season layoffs offset the holiday season hiring, I expect to see another rise. With all the world focused on the US economy, coupled with the elevated oil cost, there seems no reason to think otherwise. And the highest percentage should be in Silver ? IMHO[/QUOTE]</p><p><br /></p>
[QUOTE="10gary22, post: 1073113, member: 23626"]PM's always go up when economies hit a "panic mode". High unemployment means many more are worried about the future of currency and it's value. When total social economic collapse occurs as often during times of war, PM's are the only viable means of exchange for escape. Although we don't seem to be anywhere near that point, it would appear that many are interested in buying some "insurance", which as previously discussed, is what PM's really are. When unemployment numbers jump again in Feb or March, after the holiday season layoffs offset the holiday season hiring, I expect to see another rise. With all the world focused on the US economy, coupled with the elevated oil cost, there seems no reason to think otherwise. And the highest percentage should be in Silver ? IMHO[/QUOTE]
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