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events that could make PM's soar ?
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<p>[QUOTE="desertgem, post: 1230038, member: 15199"]Actually the run up of gold since July 4th has been about $125, over 8%, so I suspect that a large amount of the financial fear is already figured in. If the debt ceiling problems had continued to iron out, and with the Greece problem getting better, I would have expected $25 drop Friday. But these problems are still there , and so is the fear gold. If both problems become stable this week, then I think gold will be back to 1500 +/- by mid August. If not or if a new problem comes up ( maybe China), then as now, it is all a gamble. If silver hits $45 by Friday, I will be happy also, as I will be out for the 2nd time this year with profits. If it goes higher, my best wishes to those still in, but I will have little regrets.</p><p><br /></p><p>Jim[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 1230038, member: 15199"]Actually the run up of gold since July 4th has been about $125, over 8%, so I suspect that a large amount of the financial fear is already figured in. If the debt ceiling problems had continued to iron out, and with the Greece problem getting better, I would have expected $25 drop Friday. But these problems are still there , and so is the fear gold. If both problems become stable this week, then I think gold will be back to 1500 +/- by mid August. If not or if a new problem comes up ( maybe China), then as now, it is all a gamble. If silver hits $45 by Friday, I will be happy also, as I will be out for the 2nd time this year with profits. If it goes higher, my best wishes to those still in, but I will have little regrets. Jim[/QUOTE]
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