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<p>[QUOTE=&quot;Brett_in_Sacto, post: 2251756, member: 71510&quot;]200 day moving average is better for stocks.&nbsp; It&#039;s an indicator of what a company is doing.&nbsp; Companies are always changing, cutting deals, improving (or destroying) margins, etc...</p><p><br /></p><p>A moving average on a commodity doesn&#039;t really reflect this.&nbsp; In fact it only shows a short data point out of the norm.&nbsp; An anomaly as it were.</p><p><br /></p><p>Seasonal changes with precious metals also show good improvement during the fall/winter months due to the increased demand for items not bought throughout the year - during the holidays (jewelry, coins, silverware, etc) that although are not huge draws - do create an increase in demand over the norm.</p><p><br /></p><p>This year&#039;s warm weather will add to the mining season for the west coast - not sure what it will do nationally or internationally.&nbsp; It should provide a small increase in supply - regardless of what the press is saying. </p><p><br /></p><p>I still think we&#039;re at the bottom, coasting along and possibly past it - but a 200 day moving average is not a good judge of the PM market imho.[/QUOTE]</p><p><br /></p>

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