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<p>[QUOTE="cladking, post: 26279098, member: 68"]A lot of people are finally worried about debt and deficit spending that have been increasing almost everywhere in the world for many years. In 1979 I didn't think the dollar could last another ten years but it has just kept chugging along. Every time it looks like toast they print up more money and give it to everyone but American workers. </p><p><br /></p><p>But the biggest thing that has changed is that officials have been speaking openly about the need to have a cryptic dollar so the economy can be regulated and monitored so gold started going higher. Now gold is so high nobody wants to be the last to pile on so they're looking at other metals and other cryptic money. </p><p><br /></p><p>The problem here is two fold. The biggest problem is the silver market is so tiny any significant buying can propel the price "to the moon" and there are entities (like Russia and China) already accumulating this metal. Whatever their motives this market is too tiny to run on more buying than selling. </p><p><br /></p><p>As this market is now constituted most of the shortfall of supply for industry comes from dishoarding by the American public but the American public doesn't have nearly enough metal to make up for metal being sent to India, Russia, and China. This is a tinderbox and the only thing that could be sure to stop it is a collapse. Suffice to say I'm still looking at a buying panic if not now than soon enough.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 26279098, member: 68"]A lot of people are finally worried about debt and deficit spending that have been increasing almost everywhere in the world for many years. In 1979 I didn't think the dollar could last another ten years but it has just kept chugging along. Every time it looks like toast they print up more money and give it to everyone but American workers. But the biggest thing that has changed is that officials have been speaking openly about the need to have a cryptic dollar so the economy can be regulated and monitored so gold started going higher. Now gold is so high nobody wants to be the last to pile on so they're looking at other metals and other cryptic money. The problem here is two fold. The biggest problem is the silver market is so tiny any significant buying can propel the price "to the moon" and there are entities (like Russia and China) already accumulating this metal. Whatever their motives this market is too tiny to run on more buying than selling. As this market is now constituted most of the shortfall of supply for industry comes from dishoarding by the American public but the American public doesn't have nearly enough metal to make up for metal being sent to India, Russia, and China. This is a tinderbox and the only thing that could be sure to stop it is a collapse. Suffice to say I'm still looking at a buying panic if not now than soon enough.[/QUOTE]
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