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<p>[QUOTE=&quot;DrHenley, post: 1776506, member: 50741&quot;]In my humble opinion, I believe we have seen a sudden renewal of faith in PMs as a safe haven.&nbsp; The sudden downturn of the stock markets around August 5th due to the prospect of the end of QE3 sent people scurrying to buy gold and silver on August 6th when it was the only thing that wasn&#039;t falling.&nbsp; Things started snowballing on August 7th.</p><p>&nbsp;</p><p>Whatever caused the loss of faith in PMs (market manipulation?) was overcome, and when everyone saw how rapidly PMs could recover, faith was fully restored.&nbsp; PMs no longer look toxic.</p><p>&nbsp;</p><p>Don&#039;t get me wrong, I&#039;d absolutely love to see $1000 gold.&nbsp; With what is going on in the world right now, I don&#039;t think that will happen this side of a global economic meltdown.[/QUOTE]</p><p><br /></p>

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