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<p>[QUOTE=&quot;umtrr-author, post: 135954, member: 5719&quot;]There tends to be a flight to commodities, and I&#039;m thinking of gold in particular, when the currency of a given country or countries comes under pressure.</p><p><br /></p><p>There is a pretty complex dance going on here (not as if that&#039;s never been true) around oil sources, return of money to the US via imports and Treasuries, housing, inflation, etc.&nbsp; Confused yet?&nbsp; I sure am.&nbsp; But gold and silver are and have been known items of value for centuries, unlike, ahem, paper currency.&nbsp; (Numismatic value notwithstanding.)&nbsp; </p><p><br /></p><p>I don&#039;t know how much of the recent runup is just speculation and how much is a structural change and I suppose I will never sort that out.&nbsp; I note that a recent article in the New York Times stated that there are mutual fund-like investors in commodities now-- I can only imagine how that might be changing the playing field.&nbsp; </p><p><br /></p><p>Then again, once upon a time there were these Hunt Brothers, see, and...[/QUOTE]</p><p><br /></p>

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