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<p>[QUOTE="AUBU2, post: 412352, member: 11120"]Hi, i'm certainly not a metals expert or even close. But from what i have read, the summer months are usually very weak periods for gold(which probably drives other precious metals South also). As far as Platinum is concerned, the slumping outlook for auto sales has hurt Platinum prices(Platinum is used in cat. converters). As people drop out of the metal markets it could be a good buying chance for gold & silver. Bullion priced Silver may prove a good investment, since Silver is used in many manufacturing processes. With most commodities slumping, it more than likely is just a lull before heading higher in the future. With increasing population, a roaring China growth economy there should be good sledding for commodities in the future. Just my unexpert opinions! Don't forget that only 5 years ago gold was under $400.00 an ounce, with Silver around $4.00 an ounce. So there is a huge downside![/QUOTE]</p><p><br /></p>
[QUOTE="AUBU2, post: 412352, member: 11120"]Hi, i'm certainly not a metals expert or even close. But from what i have read, the summer months are usually very weak periods for gold(which probably drives other precious metals South also). As far as Platinum is concerned, the slumping outlook for auto sales has hurt Platinum prices(Platinum is used in cat. converters). As people drop out of the metal markets it could be a good buying chance for gold & silver. Bullion priced Silver may prove a good investment, since Silver is used in many manufacturing processes. With most commodities slumping, it more than likely is just a lull before heading higher in the future. With increasing population, a roaring China growth economy there should be good sledding for commodities in the future. Just my unexpert opinions! Don't forget that only 5 years ago gold was under $400.00 an ounce, with Silver around $4.00 an ounce. So there is a huge downside![/QUOTE]
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