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<p>[QUOTE=&quot;medoraman, post: 1437109, member: 26302&quot;]My take on all of it is PM went up due to either people&#039;s fear of inflation or expected inflation. They are reacting to what happened the last time we had turmoil, and that was high inflation. However, to cure it we hiked up interest rates and basically killed PM since they do not generate interest.</p><p><br /></p><p>PM should go up every year, and maybe more than average due to oil and a couple of cultures who covet gold above all else getting richer. Anything other than that I believe is a fear price. </p><p><br /></p><p>Its still too pricey for me, but if it came down there are quite a few gold coins I would like to own, and if gold lowered I might start buying them.[/QUOTE]</p><p><br /></p>

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