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<p>[QUOTE=&quot;Santinidollar, post: 2289719, member: 75866&quot;]The next few weeks could trigger a major downside for precious metals because of a strong dollar that might last for a while.</p><p>-- The Fed is apparently ready to raise its base interest rate which will strengthen the dollar.</p><p>-- At the same time, the European Central Bank is doing quantitative easing, which probably will add more punch to the dollar.</p><p>-- The oil price could go into a free fall since OPEC has abandoned production quotas. Falling oil prices are another factor that strengthen the dollar. (Goldman Sachs sees a potential bottom of $20, just under half of the current price). The current glut is widely forecast to continue for much of 2016, at a minimum.</p><p><br /></p><p>My suggestion is to watch all of this since you are looking for an advantageous entry point. Good luck![/QUOTE]</p><p><br /></p>

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