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<p>[QUOTE=&quot;desertgem, post: 1466232, member: 15199&quot;]Some of this is possible for gold, but I do not think that silver will play a large role in the actions of Greek, Spain, or even Egypt. The thought that precious metals will be the safe harbor bet hasn&#039;t worked well since 2008-10. True some blips occur, but the USD and the Swiss France continues to be the move for the big money. If the Euro goes down, the price of gold will probably do so also (as it is worldwide denominated in the USD or its current exchange), as the USD will rise against the currency basket. I am not saying the USD or Swiss Franc is totally safe as an investment, but at this time, I believe it is better than PM. People who really NEED silver for their manufacturing or such have hedges in for 9mo. to year or more, and it hasn&#039;t raised the price of silver much. If the total demand for silver was as strong as some imply, it would be climbing, and it isn&#039;t. If you look at&nbsp; charts of Si, GC, Euro/USD, over the past month or more, Gold, Silver, Euro all go the same direction and at similar ratio, up or down. If the USD goes up, all 3 go down similarly. No other currency causes this type of effect that I am aware of. </p><p><br /></p><p>If one wants to call for silver or gold personal accumulation because they like sparkly things, that is fine, but to indicate it is a sure gainer has a long way to go. IMO.[/QUOTE]</p><p><br /></p>

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