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<p>[QUOTE="desertgem, post: 1043349, member: 15199"]If I might give a contrarian point of view.</p><p><br /></p><p>Russia and China relationship historically has not been one of trust, and this appears to be a marriage of convenience, to force the US basically to play with the dollar as they desire. If they saw a weakness in the other they would definitely take an advantage, such as with the commodities Russia possess. </p><p><br /></p><p>Secondly, when N. Korea shelled S. Korea, the flight wasn't to precious metals if you recall, but to the rising strength of the USD. Many complain about the weakness of the USD, but when it reverses they see their precious metal holdings stagnate. Forecasting the end of the USD at this point is unfounded. The end of the Euro is more likely than the USD, IMO.</p><p><br /></p><p>Yes, if you look at commodities, they have appreciated ( inflationary), but in the overall, there seems to be more of a stable or sometimes decrease of overall price inflation. There is building confidence in the USD overall, and outside of a "Black Swan" event ( outside of reasonable expectations), it should continue.</p><p><br /></p><p>This doesn't mean that PM won't continue to stabilize or increase, except that now more people can't just jump on expecting great gains, but careful contemplation must take place before making changes, and if they appear to be going downward, sell to avoid the loss, as you can rebuy at the bottom. Same with stocks. It is never wrong to take a profit, as extreme events are impossible to predict IMO. I do have a % of my holdings in PM ( probably more than I should if I count my silver coin collections as "bullion"). I think the stores will do gangbusters tomorrow.</p><p><br /></p><p>Jim[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 1043349, member: 15199"]If I might give a contrarian point of view. Russia and China relationship historically has not been one of trust, and this appears to be a marriage of convenience, to force the US basically to play with the dollar as they desire. If they saw a weakness in the other they would definitely take an advantage, such as with the commodities Russia possess. Secondly, when N. Korea shelled S. Korea, the flight wasn't to precious metals if you recall, but to the rising strength of the USD. Many complain about the weakness of the USD, but when it reverses they see their precious metal holdings stagnate. Forecasting the end of the USD at this point is unfounded. The end of the Euro is more likely than the USD, IMO. Yes, if you look at commodities, they have appreciated ( inflationary), but in the overall, there seems to be more of a stable or sometimes decrease of overall price inflation. There is building confidence in the USD overall, and outside of a "Black Swan" event ( outside of reasonable expectations), it should continue. This doesn't mean that PM won't continue to stabilize or increase, except that now more people can't just jump on expecting great gains, but careful contemplation must take place before making changes, and if they appear to be going downward, sell to avoid the loss, as you can rebuy at the bottom. Same with stocks. It is never wrong to take a profit, as extreme events are impossible to predict IMO. I do have a % of my holdings in PM ( probably more than I should if I count my silver coin collections as "bullion"). I think the stores will do gangbusters tomorrow. Jim[/QUOTE]
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