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<p>[QUOTE=&quot;Rono, post: 1645710, member: 6492&quot;]Howdy folks,</p><p><br /></p><p>You&#039;re all pretty much spot on in describing the situation.&nbsp; You&#039;ve got a pm market that is subject to every trick and manipulation forcing the POG and POS down in spite of enormously bullish fundamentals.&nbsp;&nbsp; With the Fed dropping $ from B-1 bombers and keeping rates at zero, there is no option other than equities (with all indicies pushing to all time highs).&nbsp; This means the trading/speculative money is moving from pm&#039;s to equities AND individual traders are attempting to manipulate the market to their personal advantage.&nbsp; This is all in the short-run.</p><p><br /></p><p>In the long run the fundamentals will hold sway. In addition, even in the short run, this pullback will be more shallow and of a less duration that everyone is presently predicting.&nbsp; Every pullback since 2002 has been less severe than what everyone expected.&nbsp; It will be this time too.&nbsp;&nbsp; It&#039;s due to the folks that are investing in pm&#039;s instead of speculating in them.&nbsp; You&#039;ve got central banks and sovereign gov&#039;ts, you&#039;ve got pension plans, you&#039;ve got survivalists and you&#039;ve got us coin collectors.&nbsp; All these good people will put a floor under the POG and it will be fun to watch.</p><p><br /></p><p>peace,</p><p><br /></p><p>rono[/QUOTE]</p><p><br /></p>

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