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Bernanke will keep the PM prices high with QE3
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<p>[QUOTE="InfleXion, post: 1117230, member: 29012"]It's certainly possible the PM's are overvalued. It's also possible that they only got as high as they are due to factors that will continue to pressure them upward. While it is risky to buy at these highs, it's also risky not to have any on hand. If the prices tank, you still have some worth, but if the dollar tanks you might end up with nothing. For newcomers, I think getting in with as much as you can afford to lose would be prudent. </p><p><br /></p><p>I'm not really so concerned with QE3 as I am with the dollar index. By the time QE2 is done we might be in line for new currency. </p><p><br /></p><p><a href="http://www.mineweb.com/mineweb/view/mineweb/en/page72068?oid=121747&sn=Detail&pid=102055" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.mineweb.com/mineweb/view/mineweb/en/page72068?oid=121747&sn=Detail&pid=102055" rel="nofollow">http://www.mineweb.com/mineweb/view/mineweb/en/page72068?oid=121747&sn=Detail&pid=102055</a>[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1117230, member: 29012"]It's certainly possible the PM's are overvalued. It's also possible that they only got as high as they are due to factors that will continue to pressure them upward. While it is risky to buy at these highs, it's also risky not to have any on hand. If the prices tank, you still have some worth, but if the dollar tanks you might end up with nothing. For newcomers, I think getting in with as much as you can afford to lose would be prudent. I'm not really so concerned with QE3 as I am with the dollar index. By the time QE2 is done we might be in line for new currency. [URL]http://www.mineweb.com/mineweb/view/mineweb/en/page72068?oid=121747&sn=Detail&pid=102055[/URL][/QUOTE]
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