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<p>[QUOTE="mikem2000, post: 1691003, member: 30574"]Well, I do disagree with you, in the last three months, the dollar has gotten stronger, and US unemployment is lower. But for argument sake, lets take your assumption that nothing has changed. If nothing has changed, that means that things did not get worse. Since metals are thought of a safe haven in deteriorating economic conditions, the fact that nothing has changed would be enough for folks to say, maybe we are not heading for certain econimc disaster, so maybe it might be a good idea to unload some of this over valued asset. Now make no mistake about it, Silver was priced almost 40% higher than the cost of production, and that made it an expensive commodity. So why would someone want to hold an over valued "safe haven" commodity when as you say "Nothing has changed" ?[/QUOTE]</p><p><br /></p>
[QUOTE="mikem2000, post: 1691003, member: 30574"]Well, I do disagree with you, in the last three months, the dollar has gotten stronger, and US unemployment is lower. But for argument sake, lets take your assumption that nothing has changed. If nothing has changed, that means that things did not get worse. Since metals are thought of a safe haven in deteriorating economic conditions, the fact that nothing has changed would be enough for folks to say, maybe we are not heading for certain econimc disaster, so maybe it might be a good idea to unload some of this over valued asset. Now make no mistake about it, Silver was priced almost 40% higher than the cost of production, and that made it an expensive commodity. So why would someone want to hold an over valued "safe haven" commodity when as you say "Nothing has changed" ?[/QUOTE]
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