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<p>[QUOTE="itm389, post: 3662829, member: 106302"]IMO metals are going up because we are facing a global economic slowdown. All the political crap is just a scapegoat for the real reason why we are seeing an increase in prices. I have studied technical analysis with charts and a lot of the time prices are at a major support or resistance level facing a major move. News is publish that could possibly affect the markets and the movement in price is accelerated. If you look at the charts you would see it before the news is published most of the time. These are scary times for people and see metals as a hedge to keep their wealth.[/QUOTE]</p><p><br /></p>
[QUOTE="itm389, post: 3662829, member: 106302"]IMO metals are going up because we are facing a global economic slowdown. All the political crap is just a scapegoat for the real reason why we are seeing an increase in prices. I have studied technical analysis with charts and a lot of the time prices are at a major support or resistance level facing a major move. News is publish that could possibly affect the markets and the movement in price is accelerated. If you look at the charts you would see it before the news is published most of the time. These are scary times for people and see metals as a hedge to keep their wealth.[/QUOTE]
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