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<p>[QUOTE=&quot;mikem2000, post: 2227077, member: 30574&quot;]There are two things that concern me about this line of reasoning.&nbsp; The first is, it really seems to discount the very real possibility the global economy will improve.&nbsp; At the end of the day, economies have a greater chance of improving than deteriorting. It has been happening for years, economies get in trouble, it looks hopeless, people say &quot;it is different this time&quot; but boom, they improve. There are literally hundreds of examples.</p><p>&nbsp;</p><p>The second thing, is I cannot make the connect, that a failing economy will result in rising PM prices.&nbsp; Yeah, it happened LAST time, but for the folks who bought into the theory that metals are safe, for the most part took a real lickin&#039; and found out there is nothing safe about metals.&nbsp; I think these folks will be very reluctant to put their faith in metals again, which may very well prevent a metal spike.&nbsp; This is quite evident in the recent stock market troubles.&nbsp; Market tumbled, but metal prices barely budged, in fact slid down a little. I mean this was the event that all the stackers were waiting on, and Nothing!!!&nbsp; It may very well be a tell for the action of metals if things worsen.</p><p>&nbsp;</p><p>Mike[/QUOTE]</p><p><br /></p>

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