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<p>[QUOTE=&quot;rhoggman, post: 414673, member: 13987&quot;]I follow PM&#039;s regularly....</p><p><br /></p><p>Here is what I get. Oil is down and the dollar is up. This is a negative climate for silver/ gold. </p><p><br /></p><p>However, much of the price in silver in gold has recently been caused by the selling of paper contracts. </p><p><br /></p><p>The dollar is being propped up by foreign governments, not because oil went down, or the economy is getting any better. Inflation is still a major problem. The value of your savings are still being swindled away.</p><p><br /></p><p>Also in the last few days there have been huge amounts of physical gold and silver purchased. So while selling of contracts is making the price tank... physical buying is not causing the price to rise????</p><p><br /></p><p>My thoughts are that fear has to drive the PM&#039;s up to the point where contracts can no longer sustain a lower price in order for manipulation not to be the deciding factor..... Apparently people are just not that gloomy abut the economy yet.</p><p><br /></p><p>The reasons to be bullish on PM&#039;s has not gone away, but speculators are in control, and that could mean bad things for PM investors. Myself.... I plan on buying silver if it goes lower, but somehow I think it is going to shoot back up before I get a chance to buy. If it hovers in the 12-14 range for a while I will be surprised. I definitely think the speculators are making their money right now by selling short, and slowly buying more positions.[/QUOTE]</p><p><br /></p>

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