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2014 1 oz Silver American Eagle (Lot of 10) for $206.99
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<p>[QUOTE="tulipone, post: 1997051, member: 71656"]I think with trades taking a split second and a multitude of brokers with cash that they are finding difficult to place with mid or longer term goals, there is a lot manipulation of markets, including currency, stocks and PM. This is a rebalancing. The price of PM will go down and settle again - who knows how far it'll go down though?</p><p><br /></p><p>I can see no reason why the price of PM is not high given the current fears with Ebola, Syria, ISIS, economic uncertainty - it has traditionally always done well with uncertainty.</p><p><br /></p><p>I'm also not convinced with the thought that the US $ is particularly strong against the euro. If it has anything going for it, it is only because it has a larger base than other currencies. The debt in US is shockingly huge. Our debt is bad (UK) but not as bad or as out of control as the US imho when GDP is taken into account. Not that long ago I was getting £1 = $1.54 and now it is something like £1 = $1.62. The heady days of £1 = $2 are long since gone.[/QUOTE]</p><p><br /></p>
[QUOTE="tulipone, post: 1997051, member: 71656"]I think with trades taking a split second and a multitude of brokers with cash that they are finding difficult to place with mid or longer term goals, there is a lot manipulation of markets, including currency, stocks and PM. This is a rebalancing. The price of PM will go down and settle again - who knows how far it'll go down though? I can see no reason why the price of PM is not high given the current fears with Ebola, Syria, ISIS, economic uncertainty - it has traditionally always done well with uncertainty. I'm also not convinced with the thought that the US $ is particularly strong against the euro. If it has anything going for it, it is only because it has a larger base than other currencies. The debt in US is shockingly huge. Our debt is bad (UK) but not as bad or as out of control as the US imho when GDP is taken into account. Not that long ago I was getting £1 = $1.54 and now it is something like £1 = $1.62. The heady days of £1 = $2 are long since gone.[/QUOTE]
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