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$35+ an ounce! $50+ soon??
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<p>[QUOTE="fatima, post: 1293399, member: 22143"]I agree with you there could be a great deal of short term gyrations in metal prices. It's already happened this year. </p><p><br /></p><p>For physical PM buyers, the outlook should always be the long one. Anyone who has made it past all the routine FUD put forth against PM ownership should at least understand this. How long is long? Until the status quo gets hit by a discontinuity that it can't recover from and change is forced onto the system. This could be the collapse of Greece, MF Global becoming another Lehman or if the OWS evolves into the classic battle between the growing Proletariat/disappearing middle class VS the Bourgeoisie. (hint, the Proletariat always wins) Or it could be a combination of these and/or something else. Whatever it is, it won't be pretty, but when it's over, then it will be time to re-evaluate this strategy.[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1293399, member: 22143"]I agree with you there could be a great deal of short term gyrations in metal prices. It's already happened this year. For physical PM buyers, the outlook should always be the long one. Anyone who has made it past all the routine FUD put forth against PM ownership should at least understand this. How long is long? Until the status quo gets hit by a discontinuity that it can't recover from and change is forced onto the system. This could be the collapse of Greece, MF Global becoming another Lehman or if the OWS evolves into the classic battle between the growing Proletariat/disappearing middle class VS the Bourgeoisie. (hint, the Proletariat always wins) Or it could be a combination of these and/or something else. Whatever it is, it won't be pretty, but when it's over, then it will be time to re-evaluate this strategy.[/QUOTE]
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