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<p>[QUOTE="AUBU2, post: 424010, member: 11120"]<b>Silver price?</b></p><p><br /></p><p>First thing that i'll say is that i'm not an expert, and i just try to follow </p><p>any indicators that i see. The auto sales are slow, which have helped to freefall Platinum. I'm told that summer has usually been a slow precious metals pricing period(granted gold has been dropping since March).The presidential election is closing in. There could be alot of selling to position themselves to profit on the election outcome. Obama is talking a high 28-38% capital gains tax. McCain is looking at a much lower capital gains tax. The smart big money will be liquid after the election, and probably already has an investment game plan for whichever candidate wins. I think this whole commodity slowdown has alot to do with the coming election. Why buy something that you can't sell quickly, if you sell your hammered with a 38% capital gains tax + a higher dividend tax. My opinion is the big money is getting liquid to be flexible to any profit direction, resulting from the election outcome. Short answer to your question. If Obama wins i'd look for super slow precious metal interest, if McCain wins things could mirror the pre March period...My opinion:desk:</p><p>stainless[/quote][/QUOTE]</p><p><br /></p>
[QUOTE="AUBU2, post: 424010, member: 11120"][b]Silver price?[/b] First thing that i'll say is that i'm not an expert, and i just try to follow any indicators that i see. The auto sales are slow, which have helped to freefall Platinum. I'm told that summer has usually been a slow precious metals pricing period(granted gold has been dropping since March).The presidential election is closing in. There could be alot of selling to position themselves to profit on the election outcome. Obama is talking a high 28-38% capital gains tax. McCain is looking at a much lower capital gains tax. The smart big money will be liquid after the election, and probably already has an investment game plan for whichever candidate wins. I think this whole commodity slowdown has alot to do with the coming election. Why buy something that you can't sell quickly, if you sell your hammered with a 38% capital gains tax + a higher dividend tax. My opinion is the big money is getting liquid to be flexible to any profit direction, resulting from the election outcome. Short answer to your question. If Obama wins i'd look for super slow precious metal interest, if McCain wins things could mirror the pre March period...My opinion:desk: stainless[/quote][/QUOTE]
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