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<p>[QUOTE="princeofwaldo, post: 2029525, member: 24091"]Holy smokes, what a rock-n-roll 24 hours it has been for the metals! </p><p><br /></p><p>Well, it would kind of make sense that some sort of recovery is in the works at this point, maybe the end of the down cycle for the economy as a whole and not just metals. </p><p><br /></p><p>If you look back to the Reagan era, while everyone was heaping praise on his stewardship of the economy, the truth is the recovery probably had more to do with crashing oil prices than anything else. Now that the energy "tax" --and that's pretty much what exorbitant oil prices are, a tax-- has expired, who knows what kind of bounce we are all in for once that liberated cash heads to other corners of the economy. Stands to reason the airlines would benefit enormously, lower costs and higher demand via discretionary vacation spending. </p><p><br /></p><p>Also stands to reason that rare coins would be a better investment at this point then bullion, but then that's been the case for a couple of years now.[/QUOTE]</p><p><br /></p>
[QUOTE="princeofwaldo, post: 2029525, member: 24091"]Holy smokes, what a rock-n-roll 24 hours it has been for the metals! Well, it would kind of make sense that some sort of recovery is in the works at this point, maybe the end of the down cycle for the economy as a whole and not just metals. If you look back to the Reagan era, while everyone was heaping praise on his stewardship of the economy, the truth is the recovery probably had more to do with crashing oil prices than anything else. Now that the energy "tax" --and that's pretty much what exorbitant oil prices are, a tax-- has expired, who knows what kind of bounce we are all in for once that liberated cash heads to other corners of the economy. Stands to reason the airlines would benefit enormously, lower costs and higher demand via discretionary vacation spending. Also stands to reason that rare coins would be a better investment at this point then bullion, but then that's been the case for a couple of years now.[/QUOTE]
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