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The Ruble is now free-floating,
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<p>[QUOTE="desertgem, post: 2019187, member: 15199"]Well Japan is starting Quantitative easing with 1.2 trillion to help their increasing problem. China might also if they find a different name for it, and Russia doesn't have funds to do it, so they float and let the citizens figure how to survive the coming winter.</p><p><br /></p><p><br /></p><p><br /></p><p>The younger crowd has never bought in a sub-$10 range of silver or sub $400 range for gold, and have a hard time dealing with the idea they are getting behind in their "investment" even if it is small. Hopefully this will help balance their outlook on "investment" compared to collecting /hoarding. </p><p><br /></p><p>Be careful determining when the bottom is reached rather than a "dead cat bounce". Socioeconomic and political events may cause a temporary increase, but use it as a time to sell if the BRIC nations are still economically unstable .[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 2019187, member: 15199"]Well Japan is starting Quantitative easing with 1.2 trillion to help their increasing problem. China might also if they find a different name for it, and Russia doesn't have funds to do it, so they float and let the citizens figure how to survive the coming winter. The younger crowd has never bought in a sub-$10 range of silver or sub $400 range for gold, and have a hard time dealing with the idea they are getting behind in their "investment" even if it is small. Hopefully this will help balance their outlook on "investment" compared to collecting /hoarding. Be careful determining when the bottom is reached rather than a "dead cat bounce". Socioeconomic and political events may cause a temporary increase, but use it as a time to sell if the BRIC nations are still economically unstable .[/QUOTE]
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