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<p>[QUOTE=&quot;desertgem, post: 1222750, member: 15199&quot;]But there has been no beneficial changes in the industrial supply/demand numbers for this increase. The USD has gone up since the fall of silver and gold in May. The euro was lower earlier, and didn&#039;t cause much change. PMs were headed up well before Bernake speech today, so why is it doing well? Probably the &quot;fear&quot; factor, but even that is not clear, as the increase in the USD due to European trouble, seems to indicate that to much of the world the USD is a &quot;safer harbor&quot; than their local currency. The USD can be exchanged in milliseconds, but physical PM can not. People seem to always be a little late when it comes to using PM as a safety net. If one believed in PM safety, they should have bought when gold dropped below 1500 ( a&nbsp; large resistance line). Few did. To buy now could be a big mistake if large sums are involved. A few oz. of gold purchased now will make little difference in the next decade. I personally would like to see gold hit 1750 by the end of the year, but one must reevaluate their position every day or week and make a decision. Many won&#039;t.IMO.</p><p><br /></p><p>Jim[/QUOTE]</p><p><br /></p>

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