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<p>[QUOTE=&quot;Slider, post: 1709832, member: 44205&quot;]I can&#039;t imagine this is the case.&nbsp; Most of the investment world has absolutely no interest in PMs.&nbsp; The bull run on metals - gold in particular - has been running for years now, and has gotten a TON of media coverage along the way.&nbsp; Do you really think that any significant portion of the public has suddenly found religion on metal and has just started buying in April of 2013 - 10 years after the start of the bull run in metals? Sure, there are always new entrants coming to the market, but until somebody can show me otherwise, I&#039;ll assume that the vast majority (90%) of physical demand is coming from existing stackers who feel that the drop in prices is a buying opportunity. There is a school of thought that once an investment opportunity reaches main street, the opportunity is gone.&nbsp; Metals have been on main street since 2010.&nbsp; &nbsp; </p><p><br /></p><p>I do, however, wonder what will happen to physical demand in PMs when the late joiners to the party who were buying at $1800 and $40 respectively start to become disillusioned with the notion of owning metals at all.&nbsp; Just as with the stock market, there are those who have bought high and will allow emotion to force them to sell low.&nbsp; When they exit the market and halt their physical purchases, can the die hard stackers take up the slack?&nbsp; I have no idea. I started buying bullion a few years back at $14 an ounce, and can remember refusing to pull the trigger on a roll of ASE&#039;s that were selling for $20 per.&nbsp; I haven&#039;t bought much of anything in bulk since $22 silver, but would likely start buying regularly again at anything under $20. </p><p><br /></p><p>I&#039;ll avoid the dollar/world currency debate...It&#039;s clear that the U.S. and western Europe needs to wean themselves from their deficit addiction.&nbsp; But I struggle to see any outcome that richly rewards PM holders and punishes the rest when 98% of the modern world relies on fiat, not metal, for their economic success. I, for one, root only for mild inflation that slowly drives the value of my metal higher over the long term.&nbsp; Anyone rooting for runaway inflation, the collapse of the dollar, etc., etc., just to see their metal hit $100 or $10,000 an ounce is inviting an economic ruin that will leave none standing, including themselves.[/QUOTE]</p><p><br /></p>

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