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<p>[QUOTE="desertgem, post: 1709576, member: 15199"]Yes, I know what you mean as I see it back over the fence as well.</p><p><br /></p><p><br /></p><p><br /></p><p>What in the world does the premium charged by bullion dealers have to do with "rose to the occasion"? It rose to the level of self desperation of those convinced by the bullionbulls that everyone must buy now or it they will miss the chance. If I was a bullion dealer, I would raise the premiums to as high as I could ( for my own business greed), knowing that (1) Sadly misinformed individuals would pay twice or more the previous premium, and (2) I could buy it back at a later time and hedge for the present. It is amazing how this act means that physical silver is becoming more valuable as it decreases in spot price. </p><p><br /></p><p>Several years ago, you could say paper ( USD) was shaky, and I would have agreed. It looked like Europe , BRIC , and others were going to wipe our money out of contention for the 'world currency', but if you look at exchange rates , the opposite happened. </p><p> <p style="text-align: left"><span style="color: #000000"></span></p> <p style="text-align: left"><span style="color: #000000">I see nothing other than an unexpected world catastrophe changing the path of PM declining as the rest of the world continues to climb out of their problems. And depending on doom and gloom and world catastrophes to boost precious metal investment is a precarious one.</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p><p>[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 1709576, member: 15199"]Yes, I know what you mean as I see it back over the fence as well. What in the world does the premium charged by bullion dealers have to do with "rose to the occasion"? It rose to the level of self desperation of those convinced by the bullionbulls that everyone must buy now or it they will miss the chance. If I was a bullion dealer, I would raise the premiums to as high as I could ( for my own business greed), knowing that (1) Sadly misinformed individuals would pay twice or more the previous premium, and (2) I could buy it back at a later time and hedge for the present. It is amazing how this act means that physical silver is becoming more valuable as it decreases in spot price. Several years ago, you could say paper ( USD) was shaky, and I would have agreed. It looked like Europe , BRIC , and others were going to wipe our money out of contention for the 'world currency', but if you look at exchange rates , the opposite happened. [LEFT][COLOR=#000000] I see nothing other than an unexpected world catastrophe changing the path of PM declining as the rest of the world continues to climb out of their problems. And depending on doom and gloom and world catastrophes to boost precious metal investment is a precarious one. [/COLOR][/LEFT][/QUOTE]
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