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<p>[QUOTE=&quot;Collecting Nut, post: 26765143, member: 74863&quot;]Gas is going up and that’s adding to inflationary fears. Because of those fears inflation is bad for precious metals. It takes money out of the hands of people to buy the metal so the price drops and the US dollar gain strength. That also is bad for the precious metals because the US dollar when it’s Stronger buys less.</p><p>If the Fed rates remain the same, that will also force it to go down a bit. If the Fed drops the rate that makes it easier for people to borrow money and that will cause it to rise. All we can do is wait and see, but it’s only the beginning of the year and it’s going to be a long year.[/QUOTE]</p><p><br /></p>

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