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<p>[QUOTE="desertgem, post: 1999395, member: 15199"]I think that there are sill too many who are convinced that the US economy is going to fail within the next few years, so they missed the recovery of housing, stocks, but stayed in the continuing falling of non-industrial commodities. The U.S. Jobless rate for last month September dropped to 5.9% getting closer to the 5.5% which is considered a healthy level. Really, few could imagine this 2 years ago, but there is good reason it will continue. Yes, of course there is always the small statistical chance of world or natural events causing unforeseen end of the world. But if those chances are less than the chance of economic failure, why do people still buy decreasing commodities? I have bullion, but only about 5% of other investments which have increased so I could buy some more to keep the 5%, but I suspect by this time next year ( barring the above mentioned unforeseen events) PM will be down another 5- 10+ per cent, so I will hold off. My opinion, and I expect many will disagree, and that's fine, but research and stand with the better percent case. i would not short the USD at this point.[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 1999395, member: 15199"]I think that there are sill too many who are convinced that the US economy is going to fail within the next few years, so they missed the recovery of housing, stocks, but stayed in the continuing falling of non-industrial commodities. The U.S. Jobless rate for last month September dropped to 5.9% getting closer to the 5.5% which is considered a healthy level. Really, few could imagine this 2 years ago, but there is good reason it will continue. Yes, of course there is always the small statistical chance of world or natural events causing unforeseen end of the world. But if those chances are less than the chance of economic failure, why do people still buy decreasing commodities? I have bullion, but only about 5% of other investments which have increased so I could buy some more to keep the 5%, but I suspect by this time next year ( barring the above mentioned unforeseen events) PM will be down another 5- 10+ per cent, so I will hold off. My opinion, and I expect many will disagree, and that's fine, but research and stand with the better percent case. i would not short the USD at this point.[/QUOTE]
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