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<p>[QUOTE=&quot;desertgem, post: 1380753, member: 15199&quot;]I feel&nbsp; (IMO) that thoughts that PM is breaking out due to their intrinsic value ( supply/demand , etc) are premature and unsubstantiated in view of world politics ( which I will not list, but hopefully everyone reads daily). If it was somewhat a peaceful world, PM would be sinking with the improvement of the Euro and still the USD and associated stock investments here and Europe. The Euro is currently outperforming the USD, so the EUO/USD ratio causes a decrease in the USD, and commodities denominated with it will tend to increase, which is what is happening. But if the Euro hadn&#039;t been so suppressed by their own politics so much, the gain wouldn&#039;t have been as apparent. You can confirm this by observing the ratio of both the USD and the Euro vs. other world currencies. Obviously world tension aggravates this situation. Most people with large amount of holdings to preserve are moving into Euros and USD, and a few other strong currencies rather than PM, because you can go in or out in seconds for multimillion dollar exchanges with small bid/ask premiums. Not true with PM. Forex trading is scary and not to be done by an amateur like myself, but it does link strongly with PM prices, and observing such can help explain prices. </p><p><br /></p><p>I would love to see gold go to $2000 by the end of summer, and it could, but these gains in one&#039;s wealth could well be lost due to higher commodity prices during the same time for some. So this might be what some have saved PM for, to sell and use to buy gas and food and other needs. IMO.</p><p>Jim[/QUOTE]</p><p><br /></p>

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