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<p>[QUOTE=&quot;silvered, post: 1640859, member: 43040&quot;]<b>my two cents.</b></p><p><br /></p><p>This may be oversimplifying the price drop as I am not am economist, but the trend with all precoius metals from what I have seen has been tied to the state of the economy ( barring a shortage).Each time there is an economic downturn there is a corresponding rise in the price of precious metals. As precoius metals are tangible people see them as this is something that has value whereas paper money, stocks, bonds, etc.. are subject to inflation ,manipulation, and low interest earning rates.</p><p><br /></p><p>Now I know this is an arguable point right now as to the current state of the economy, but it seems like we are in a recovery.Jobs are being added, slowly , car sales are up, home sales are slow but steady. Now I personally manage a retail store that sells about 13 million dollars a year, our sales are up year over year and our outlook has been revised upward. I can personally say that people are buying more things that they can simply just live without, which shows consumer confidence is up.</p><p><br /></p><p>Now since it seems we are in the beginning of an economic upturn this would explain our current silver price issue.</p><p><br /></p><p>So this my two cents on why the precocious metals markets are inextricably linked to the state of economy.[ATTACH]236208.vB[/ATTACH][/QUOTE]</p><p><br /></p>

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