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<p>[QUOTE=&quot;GoldFinger1969, post: 4335824, member: 73489&quot;]I&#039;ve managed money for 30+ years...worked in a few Private Banks....no $$$ are going from the wealthy portfolios into PMs or coins except as a personal hobby choice.</p><p><br /></p><p>When that money flees the stock market, it goes straight into money market funds and bond funds.</p><p><br /></p><p>That&#039;s it.&nbsp; </p><p><br /></p><p>When there are financial upheavals, money flows into U.S. assets, specifically U.S. Treasuries.&nbsp; You need dollars to buy U.S. assets -- hence the dollar&#039;s strength. </p><p><br /></p><p>Let me know what you see on &quot;strong and high bids&quot; -- it could be something tied directly to the rising PM prices.</p><p><br /></p><p>Wealthy people would rather blow their discretionary $$$ on real estate, art, clothes, vacations, etc.&nbsp;&nbsp; PMs and numismatics are WAY down the list. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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