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<p>[QUOTE=&quot;medoraman, post: 2247702, member: 26302&quot;]I look at it more in 4-5 dollar chunks. Moving from high 18&#039;s to 15 was a stage IMHO. Before that is was around 22-23. Humans with numbers are funny creatures. We assuming importance to certain numbers, that is why we behave erratically in investing. We have major and minor psychological barriers with numbers, which is why we have different levels of interest at different price points. I would imagine if silver got below 10 or gold below 1000 there would be a huge spike in interest from US purchasers.</p><p><br /></p><p>Want to get a headache? The same action occurs with all currencies. Local purchasing will spike when it hits certain psychological points in yuan, or baht, or euro, or rupees, or any other currency. Wonder why pm moves every day? This is just one factor, but can be a major one.[/QUOTE]</p><p><br /></p>

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