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<p>[QUOTE=&quot;medoraman, post: 2115534, member: 26302&quot;]How the heck do you get that rubbish in your head? So NOTHING in the world affect pm prices other than US monetary policy? Not jewelry demand in the far east, not mine opening or closures, not price of oil, NOTHING except the US?</p><p>&nbsp;</p><p>Good gosh, this is so shockingly naïve and jingoistic as to not really merit any other retort.</p><p>&nbsp;</p><p>OP, its a complex market with all of the things listed above, coupled with irrational beliefs that somehow pm matters at all to economic policy anymore. PM is a commodity, and most closely tracks other commodities.</p><p>&nbsp;</p><p>Gold is a metal frequently mined for by its own, and its demand is more emotional than other commodities. However, it usually has less volatility. Silver is much more complex, have some emotional investing, along with major industrial uses. Also complicating silver is its mainly a byproduct metal, meaning if tin or copper continue to be mined silver will be mined regardless of the mine owners wishes. All of this leads to much higher volatility for silver versus gold.</p><p>&nbsp;</p><p>Hope that helps a little.[/QUOTE]</p><p><br /></p>

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