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<p>[QUOTE="yakpoo, post: 1332306, member: 18157"]OK...here's what I "think" (and why I think it)...there will be plenty around to say I'm crazy and maybe I am, so please take my comments with a grain of salt. </p><p><br /></p><p>The chart below shows continued upward pressure on PMs punctuated by steep drops which correlate to government intervention in the options market. This is what I would expect to see in an election year when demand for PMs is high and the economy is down; the dips represent the application of "lipstick on the pig". Meaning, significant headwinds to recovery are high commodity prices. One would expect prices to be down in a soft economy, but they're rising...mostly due to investor anxiety over our debt crisis. The short term "fix" is to change the regulatory environment to drive the evil speculators (anyone with a 401k account) out of the market. </p><p><br /></p><p>I just checked the Federal Register and I don't see any price announcements for 2012 US Mint product, yet. Here's <font size="3"><font size="2">the </font><a href="http://frwebgate2.access.gpo.gov/cgi-bin/TEXTgate.cgi?WAISdocID=WhhuIy/0/1/0&WAISaction=retrieve" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://frwebgate2.access.gpo.gov/cgi-bin/TEXTgate.cgi?WAISdocID=WhhuIy/0/1/0&WAISaction=retrieve" rel="nofollow"><i><b>Federal Registry US Mint Pricing for 2011</b></i></a></font>.</p><p><br /></p><p>I think the US Mint realizes that PM prices are being manipulated and won't want to lower their prices too much...but they will lower prices some to demonstrate to the Numismatic community that "they understand" . <i><b>I suspect they will drop prices about 12% to...</b></i></p><p><br /></p><p><font size="3">2012 Silver Proof Quarter set: <i><b>$36.95</b></i></font></p><p><font size="3">2012 Silver Proof Set: <i><b>$59.95</b></i></font></p><p><br /></p><p><i><b>...but not any more than that. That may be asking too much of the Mint as it is. </b></i></p><p><br /></p><p>Of course, they can't release the 2012 sets at a lower price than the 2011 sets which is why (I think) we're seeing a delay in the release of the 2012 Silver Proof sets.</p><p><br /></p><p><br /></p><p><img src="http://i664.photobucket.com/albums/vv10/Yakpoo/ag_2011.gif" class="bbCodeImage wysiwygImage" alt="" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="yakpoo, post: 1332306, member: 18157"]OK...here's what I "think" (and why I think it)...there will be plenty around to say I'm crazy and maybe I am, so please take my comments with a grain of salt. The chart below shows continued upward pressure on PMs punctuated by steep drops which correlate to government intervention in the options market. This is what I would expect to see in an election year when demand for PMs is high and the economy is down; the dips represent the application of "lipstick on the pig". Meaning, significant headwinds to recovery are high commodity prices. One would expect prices to be down in a soft economy, but they're rising...mostly due to investor anxiety over our debt crisis. The short term "fix" is to change the regulatory environment to drive the evil speculators (anyone with a 401k account) out of the market. I just checked the Federal Register and I don't see any price announcements for 2012 US Mint product, yet. Here's [SIZE=3][SIZE=2]the [/SIZE][URL="http://frwebgate2.access.gpo.gov/cgi-bin/TEXTgate.cgi?WAISdocID=WhhuIy/0/1/0&WAISaction=retrieve"][I][B]Federal Registry US Mint Pricing for 2011[/B][/I][/URL][/SIZE]. I think the US Mint realizes that PM prices are being manipulated and won't want to lower their prices too much...but they will lower prices some to demonstrate to the Numismatic community that "they understand" . [I][B]I suspect they will drop prices about 12% to...[/B][/I] [SIZE=3]2012 Silver Proof Quarter set: [I][B]$36.95[/B][/I] 2012 Silver Proof Set: [I][B]$59.95[/B][/I][/SIZE] [I][B]...but not any more than that. That may be asking too much of the Mint as it is. [/B][/I] Of course, they can't release the 2012 sets at a lower price than the 2011 sets which is why (I think) we're seeing a delay in the release of the 2012 Silver Proof sets. [IMG]http://i664.photobucket.com/albums/vv10/Yakpoo/ag_2011.gif[/IMG][/QUOTE]
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