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<p>[QUOTE="desertgem, post: 2015120, member: 15199"]I have specific reason to think the bottom is going to be several dollars/oz further down,~ the greatly increasing strength of the USD. Those that have held the thought that the USD was going to be destroyed/defaulted by other currencies were dead wrong at this point. To maintain this thought or push it as a reason to buy PM is dead wrong. The Yen, Singapore Dollar, etc. is in deep trouble and is similar to the point the US was in during the 2006-2010 era. The USD is in a multiyear high, and add the increase towards less oil dependency the US has shown lately, the USD increase is crushing PM, even through many news items which would have increase PM a few years ago. At least read a few articles and think about it before predicting prices that might actually influence some people who know little about PM. There is no secret intrinsic value or financial safety in PM beyond their dollar value as a commodity. If you already have a large amount and don't want to sell now and buy cheaper later, then consider how much security, etc. is costing you for a long time.</p><p><br /></p><p><a href="http://finance.yahoo.com/news/dollar-climbs-yen-boj-passes-003013487.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://finance.yahoo.com/news/dollar-climbs-yen-boj-passes-003013487.html" rel="nofollow">http://finance.yahoo.com/news/dollar-climbs-yen-boj-passes-003013487.html</a>[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 2015120, member: 15199"]I have specific reason to think the bottom is going to be several dollars/oz further down,~ the greatly increasing strength of the USD. Those that have held the thought that the USD was going to be destroyed/defaulted by other currencies were dead wrong at this point. To maintain this thought or push it as a reason to buy PM is dead wrong. The Yen, Singapore Dollar, etc. is in deep trouble and is similar to the point the US was in during the 2006-2010 era. The USD is in a multiyear high, and add the increase towards less oil dependency the US has shown lately, the USD increase is crushing PM, even through many news items which would have increase PM a few years ago. At least read a few articles and think about it before predicting prices that might actually influence some people who know little about PM. There is no secret intrinsic value or financial safety in PM beyond their dollar value as a commodity. If you already have a large amount and don't want to sell now and buy cheaper later, then consider how much security, etc. is costing you for a long time. [url]http://finance.yahoo.com/news/dollar-climbs-yen-boj-passes-003013487.html[/url][/QUOTE]
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