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events that could make PM's soar ?
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<p>[QUOTE="WingedLiberty, post: 1230013, member: 26030"]Would US Treasuries being downgraded to AA cause PM's to soar? I was curious what you all thought.</p><p><br /></p><p>I also wonder if a debt ceiling agreement could cause PM's to sell off. </p><p><br /></p><p><b>This is one of the toughest investment environments I've ever seen in terms of picking a short term trend. </b></p><p><b>So much headline risk in either direction. </b></p><p><br /></p><p>I am a LONG PM Bull ... been that way for years ... but trying to predict these week to week swings is TOUGH!!</p><p><br /></p><p>Tell you one thing though ... I am glad I have a lot of gold and silver as I just don't trust all this paper currency.</p><p>And if we have a sell off ... I consider it nothing more than another buying opportunity.</p><p><br /></p><p>However I wonder if all the shenanigans in Washington could cause a spike in PM prices over the next week or two.</p><p>I mean ... I know we have had a run up in PMs over the past month ... but it's been very slow and orderly.</p><p><br /></p><p>Could we see a day sometime in the next couple of weeks where gold shoots up $50 to $75 and silver up $4 or $5 an ounce??</p><p>It's going to be interesting to see the drama unfold.[/QUOTE]</p><p><br /></p>
[QUOTE="WingedLiberty, post: 1230013, member: 26030"]Would US Treasuries being downgraded to AA cause PM's to soar? I was curious what you all thought. I also wonder if a debt ceiling agreement could cause PM's to sell off. [B]This is one of the toughest investment environments I've ever seen in terms of picking a short term trend. So much headline risk in either direction. [/B] I am a LONG PM Bull ... been that way for years ... but trying to predict these week to week swings is TOUGH!! Tell you one thing though ... I am glad I have a lot of gold and silver as I just don't trust all this paper currency. And if we have a sell off ... I consider it nothing more than another buying opportunity. However I wonder if all the shenanigans in Washington could cause a spike in PM prices over the next week or two. I mean ... I know we have had a run up in PMs over the past month ... but it's been very slow and orderly. Could we see a day sometime in the next couple of weeks where gold shoots up $50 to $75 and silver up $4 or $5 an ounce?? It's going to be interesting to see the drama unfold.[/QUOTE]
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events that could make PM's soar ?
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