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Gold within a hair of new record high in $s (Metal of Kings)
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<p>[QUOTE="Cloudsweeper99, post: 1225036, member: 3011"]I disagree with your characterization. It isn't excess inventory, and it is already on the market to satisfy investment demand. Investor demand is not inferior to something like jewelry demand. You seem to be expecting a sharp decline in investor demand. If this is the case, you shouldn't own silver since you've seen this many times and probably don't want to repeat the error. I view the situation in a more positive light and believe prices will go higher with a probability great enough to warrant investment.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 1225036, member: 3011"]I disagree with your characterization. It isn't excess inventory, and it is already on the market to satisfy investment demand. Investor demand is not inferior to something like jewelry demand. You seem to be expecting a sharp decline in investor demand. If this is the case, you shouldn't own silver since you've seen this many times and probably don't want to repeat the error. I view the situation in a more positive light and believe prices will go higher with a probability great enough to warrant investment.[/QUOTE]
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Gold within a hair of new record high in $s (Metal of Kings)
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