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<p>[QUOTE="desertgem, post: 2243471, member: 15199"]I don't think the rate change will have near the significance as the highly possible El Nino 2015 on SE Asia and India's food production. I do not believe that a total effect has been hypothesized on the supply/demand of food and production that a drought as large as the one in India during the last large El Nino can bring. Then the necessity of selling ( not buying) pm to survive will become a possible reality. A large number of people seem to feel that this years possible El Nino is just a one time near event since before they have been wide spaced multiple years, but the world has changed, weatherwise. I know that few here are paper traders, but some Forex contracts shorting the Rupee with a medium term expiration might be much better yielding ( leverage)than PM for a while, but wait until the weather starts to change. USD buys gold, silver or what ever, and if the Indians are selling for survival , the price will Not go up. IMO.[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 2243471, member: 15199"]I don't think the rate change will have near the significance as the highly possible El Nino 2015 on SE Asia and India's food production. I do not believe that a total effect has been hypothesized on the supply/demand of food and production that a drought as large as the one in India during the last large El Nino can bring. Then the necessity of selling ( not buying) pm to survive will become a possible reality. A large number of people seem to feel that this years possible El Nino is just a one time near event since before they have been wide spaced multiple years, but the world has changed, weatherwise. I know that few here are paper traders, but some Forex contracts shorting the Rupee with a medium term expiration might be much better yielding ( leverage)than PM for a while, but wait until the weather starts to change. USD buys gold, silver or what ever, and if the Indians are selling for survival , the price will Not go up. IMO.[/QUOTE]
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