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Is anybody still buying silver and gold?
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<p>[QUOTE="brightspirit1, post: 1239224, member: 31437"]I expect the price of precious metals will rise on Monday with the downgrade of US credit. But you never know for sure.</p><p>Perhaps the recent highs have already factored in a possible credit downgrade.</p><p>On another note, years ago, I read somewhere that an ounce of gold, through recent history, has the buying power of a good men's suit. By this benchmark, the value of gold is somewhat high.[/QUOTE]</p><p><br /></p>
[QUOTE="brightspirit1, post: 1239224, member: 31437"]I expect the price of precious metals will rise on Monday with the downgrade of US credit. But you never know for sure. Perhaps the recent highs have already factored in a possible credit downgrade. On another note, years ago, I read somewhere that an ounce of gold, through recent history, has the buying power of a good men's suit. By this benchmark, the value of gold is somewhat high.[/QUOTE]
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Is anybody still buying silver and gold?
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