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<p>[QUOTE=&quot;Lucky Cuss, post: 1733210, member: 44086&quot;]At the top of CNBC&#039;s <i>Squawk on the Street </i>segment this morning, Jim Cramer cited a number of circumstances as contributing to the present continuing decline in precious metals pricing - lack of Indian/Chinese buying, margin calls, increased borrowing costs. He also noted that of the Wall St. financial firms, Goldman Sachs got it exactly right when they made the call to short gold at $1,500. </p><p><br /></p><p>I&#039;m thinking that the cautionary &quot;catching a falling knife&quot; analogy referenced above may well be coming into play, dampening casual demand for the physical product. However, recognizing when the precise bottom has been reached (so as to make a bulk purchase at that point) will be very tough, if not impossible.[/QUOTE]</p><p><br /></p>

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