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<p>[QUOTE=&quot;desertgem, post: 1289861, member: 15199&quot;]People hold onto old premises so that sometimes they are self-fulfilling. $50 was a big deal level, and many had decided to cash it in at that level and go to puts ( bets it would fall), and it did. Same for gold, couldn&#039;t hold $1900, and certainly would have a very hard time with $2000. Could get there, but it will have to be very gradual since it almost certainly be sociopolitical in cause otherwise. I don&#039;t currently hold silver investments as I do not put much value in it being necessary for monetary stability, and the demand doesn&#039;t outweigh the current supply IMO. As long as one of the major currencies ( USD, Euro, Yen, etc. ) is strong, fear money will go there. Only when all are equally problematic does fear money go into physical gold. I am not saying silver and gold can not increase in pricing ( bull market), nor that in decades it can reach ridiculous levels, just that currently, I see no real reason for radical changes geopolitically. I feel it can go either way over the next few months. IMO.</p><p><br /></p><p>Jim[/QUOTE]</p><p><br /></p>

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