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<p>[QUOTE=&quot;medoraman, post: 1441833, member: 26302&quot;]Your point of having a repeat of 2008 I don&#039;t believe is valid since we do not have the same situation at all. </p><p><br /></p><p>Regarding the dollar being stronger, it may be slightly due to Greece. You claim it will lose its luster after the current political crisis in Europe. It could soften, you are right. </p><p><br /></p><p>I just don&#039;t think the price of gold is solely a function of dollar strength or weakness. Its high versus any currency in the world versus a few year ago. The current price of PM is not high solely because of the dollar, its high overall versus the previous decade. Could it gain 5-10% due to dollar weakening, yes, but I think PM could weaken further if the US changes to an administration they believed would honestly try to lower the deficit.</p><p><br /></p><p>Sorry that I challenged an assertion in your post. I simply did not wish such a declaration, (which in my mind sounded like salesman excuses), to stand unchallenged. I wasn&#039;t meaning to completely derail the thread. Words are weird, if someone posts something like that, and no one calls them out on it, other readers have a way of repeating the same saying.[/QUOTE]</p><p><br /></p>

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