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<p>[QUOTE="desertgem, post: 1171260, member: 15199"]I personally do not think this is a good time to add to holdings. One needs to decide why this fall of over 10%. I think the doubling of the silver margin contracts is one thing. The death of OBL is another, the possibility of a rising dollar temporarily, the various Holidays early this week, the possibility of increase terrorism and unrest against US companies and countries, even the euro debt problems with the PIGS, etc.</p><p><br /></p><p>It is entirely possible that PM will return to their gains, but to decide to buy or sell, should not be entirely based on a gut feeling, but some research different from the PM sites who encourage buying. IMO, this is not just a fluke caused by a few people taking profits, there is great indecision among worldwide PM buyers/sellers as to risk/rewards and they are much more numerous and probably wealthier than those advocating destruction of the dollar and PM forever up. </p><p><br /></p><p>Did everyone notice that most of the big decreases these last 2 times started and deepened in Asia markets, and yet many keep quoting that this is the area where precious metals are really going to boom. Maybe people in those areas don't have the ability to buy PM even if they wanted to do so, and can not be counted upon to support upward prices. IMO,</p><p><br /></p><p>Jim[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 1171260, member: 15199"]I personally do not think this is a good time to add to holdings. One needs to decide why this fall of over 10%. I think the doubling of the silver margin contracts is one thing. The death of OBL is another, the possibility of a rising dollar temporarily, the various Holidays early this week, the possibility of increase terrorism and unrest against US companies and countries, even the euro debt problems with the PIGS, etc. It is entirely possible that PM will return to their gains, but to decide to buy or sell, should not be entirely based on a gut feeling, but some research different from the PM sites who encourage buying. IMO, this is not just a fluke caused by a few people taking profits, there is great indecision among worldwide PM buyers/sellers as to risk/rewards and they are much more numerous and probably wealthier than those advocating destruction of the dollar and PM forever up. Did everyone notice that most of the big decreases these last 2 times started and deepened in Asia markets, and yet many keep quoting that this is the area where precious metals are really going to boom. Maybe people in those areas don't have the ability to buy PM even if they wanted to do so, and can not be counted upon to support upward prices. IMO, Jim[/QUOTE]
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