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<p>[QUOTE="medoraman, post: 1680391, member: 26302"]2008 they went down because there was a mad scramble for liquidity. So, people had to sell assets like PM to gain dollars which were desperately needed elsewhere. So a comparison to today is not really applicable. </p><p><br /></p><p>My answer is IDK. Stocks rising it appears has put a damper on PM prices, or it could be the news from Europe. My fear for PM prices would be if relatively safe bonds started yielding more than 1 or 2 percent. I believe quite a few people are in PM as a safety investment, and if bonds looked more appealing I would be afraid there would be a selloff of PM.</p><p><br /></p><p>As it is, I am just watching right now. I have been wanting to buy some of world gold coins just for fun, and if it dips down low enough I might just have to pull the trigger. Just common stuff like a Mexican type set, and some European 19th gold coins.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1680391, member: 26302"]2008 they went down because there was a mad scramble for liquidity. So, people had to sell assets like PM to gain dollars which were desperately needed elsewhere. So a comparison to today is not really applicable. My answer is IDK. Stocks rising it appears has put a damper on PM prices, or it could be the news from Europe. My fear for PM prices would be if relatively safe bonds started yielding more than 1 or 2 percent. I believe quite a few people are in PM as a safety investment, and if bonds looked more appealing I would be afraid there would be a selloff of PM. As it is, I am just watching right now. I have been wanting to buy some of world gold coins just for fun, and if it dips down low enough I might just have to pull the trigger. Just common stuff like a Mexican type set, and some European 19th gold coins.[/QUOTE]
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