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<p>[QUOTE=&quot;desertgem, post: 1270374, member: 15199&quot;]<p style="text-align: left"><span style="color: #000000"></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p><p>I don&#039;t disagree with this, and also much for gold. However, the reverse is also true ~ When the PM are booming upward, it is not the activity of physical either, it is the levered paper market. But the spot&nbsp; price&nbsp; will follow. </p><p><br /></p><p>However, the biggest effect is that the fear factor has deserted PM for the USD, so they will come down. Several weeks ago, I said I felt there was a $250 fear factor in gold ( then at just below 1900 as I recall) and the Swiss franc was free and not pegged to the USD, so&nbsp; the US dollar was weaker than now. Once the Swiss franc was pegged to the Euro, the USD became the boss money. Feel sorry for Mexico , their Peso went from 11.7 to the USD on Aug. 1 to 13.7 today. Brazil, Russia, are also down about 20%. </p><p><br /></p><p>Blame the down not on manipulation, but that the Asians and Europe didn&#039;t buy PM for safety rather than USD. Actually as a group of people they most likely are just trying to get cash for survival rather than buying the PMs. It is many times easier for most to get USD rather than PM.</p><p><br /></p><p><br /></p><p>&nbsp;&nbsp; </p><p><br /></p><p>I said this in post #7, and I still feel it is accurate as a caution, even though prices have fallen.</p><p><br /></p><p>Jim[/QUOTE]</p><p><br /></p>

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