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<p>[QUOTE=&quot;Vess1, post: 376068, member: 13650&quot;]What is to be gained from this thread?&nbsp; Gold and silver are going to be on a roller coaster ride for the foreseeable future.&nbsp; I don&#039;t see any point in monitoring it daily.&nbsp; </p><p>&nbsp;</p><p>&nbsp; As I&#039;ve said in the past, one major issue is where the Fed has set interest rates at right now.&nbsp; 2.0% is extremely low.&nbsp; We were just at 5-3/4%.&nbsp; There isn&#039;t much left to cut.&nbsp; </p><p>&nbsp;</p><p>&nbsp; In order to cut interest rates, they have to print more money.&nbsp;&nbsp; If they cut it again, they&#039;ll be printing even more money.&nbsp; This is where the inflation is coming from.&nbsp; The dollar is worth less and less so it takes more dollars vs. other World currencies to buy an ounce of gold or silver. </p><p>&nbsp;</p><p>&nbsp; They aren&#039;t going to leave it low forever.&nbsp; There&#039;s nowhere to go but up now.&nbsp; When they start raising the rates again, it should stabilize and once again raise the value of a dollar vs. other currencies, driving gold and silver back down.&nbsp; I&#039;m guessing significantly.&nbsp;&nbsp; Just wait.</p><p>&nbsp;</p><p>&nbsp;&nbsp; And it&#039;s not like no silver or gold is mined anymore.&nbsp; When the economy starts improving, gas prices stabilize and people get over the initial shock, and interest rates start going back up, silver and gold will fall.&nbsp;&nbsp; It&#039;s going to take some time though.[/QUOTE]</p><p><br /></p>

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