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<p>[QUOTE=&quot;desertgem, post: 1247978, member: 15199&quot;]<p style="text-align: left"><span style="color: #000000"></span></p> <p style="text-align: left"><span style="color: #000000">Investing in PM is at the moment a safer harbor than most, although I must comment that the USD has stayed fairly stable, even with the soaring gold price and the crashing banks here and Foreign, and since there is a ( IMO)high amount of &quot;fear factor&quot; in the POG, maybe $200- $300, which may drop out much faster than &quot;investors&quot; realize, I would stay in USD cash at the moment.</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">I am not convinced that many on the forum who call themselves PM investors are prepared to sell their physical gold when the reversal ( whenever) occurs. My remaining physical gold is collector style or small units ( 1/10- 1/4 ounce) which I use for non investment purposes, or I would be selling portions at this level. If gold drops $100 in a day, I don&#039;t think your bullion supplier will answer the phone.</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">As to silver, Cloud and I are in agreement that the intrinsic value is around $25, and I personally do not see the industrial demands of silver increasing significantly in the coming years. The relatively high price of silver over the past year, has stimulated a high level of scientific investigation into substitutes for silver and platinum in industrial needs.</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">Jim</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p><p>[/QUOTE]</p><p><br /></p>

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