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<p>[QUOTE="medoraman, post: 1178465, member: 26302"]Not until the general public sees loss potential in buying PM, and stop worrying that the sky is falling on the dollar, do I think this episode will be over. I am with CJackson wishing it would fall so I can buy again.</p><p><br /></p><p>Just my impression from the early 80's was that every month, every year more and more people who were not coin collectors became dissatisfied with the PM market. It wasn't until enough of these "non-traditional participants" left the market did PM finally settle down, and the dealers were forced to start concentrating on selling coins and not bullion again. At the same time the stock market started heating up, and that is why quite a bit of silver bought in the late 70's was sold also.</p><p><br /></p><p>In short, I think it would take a year or two of slowly falling silver, along with another market to grab people's attention for "large gains", for me to think this current run up is over. Maybe I am wrong and $35 will "be" the new norm. If I could tell you when it might settle down I would be on a beach in Key Largo right now man. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1178465, member: 26302"]Not until the general public sees loss potential in buying PM, and stop worrying that the sky is falling on the dollar, do I think this episode will be over. I am with CJackson wishing it would fall so I can buy again. Just my impression from the early 80's was that every month, every year more and more people who were not coin collectors became dissatisfied with the PM market. It wasn't until enough of these "non-traditional participants" left the market did PM finally settle down, and the dealers were forced to start concentrating on selling coins and not bullion again. At the same time the stock market started heating up, and that is why quite a bit of silver bought in the late 70's was sold also. In short, I think it would take a year or two of slowly falling silver, along with another market to grab people's attention for "large gains", for me to think this current run up is over. Maybe I am wrong and $35 will "be" the new norm. If I could tell you when it might settle down I would be on a beach in Key Largo right now man. :)[/QUOTE]
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