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<p>[QUOTE="Good Cents, post: 4263083, member: 100720"]Normalcy is now projected to first begin in 18 months or more when they get a vaccine up and running. They are doing all kinds of "models" to figure this out but there is no "normal" on the horizon.</p><p><br /></p><p><a href="https://www.washingtonpost.com/world/europe/a-chilling-scientific-paper-helped-upend-us-and-uk-coronavirus-strategies/2020/03/17/aaa84116-6851-11ea-b199-3a9799c54512_story.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.washingtonpost.com/world/europe/a-chilling-scientific-paper-helped-upend-us-and-uk-coronavirus-strategies/2020/03/17/aaa84116-6851-11ea-b199-3a9799c54512_story.html" rel="nofollow">https://www.washingtonpost.com/world/europe/a-chilling-scientific-paper-helped-upend-us-and-uk-coronavirus-strategies/2020/03/17/aaa84116-6851-11ea-b199-3a9799c54512_story.html</a></p><p><br /></p><p>I'm trying to figure out whether to sell my PM before it becomes worthless, or buy more now if I can find some (seems to be sold out everywhere).</p><p><br /></p><p>I understand that Silver is tied to industry, so maybe projections are low for the next year or more. But Gold is not tied to industry, so why the huge drops?</p><p><br /></p><p>And on top of all this, if the market is expected to tank, then you would think the Dollar will drop as well. If the dollar is projected to drop then Gold would be worth MORE dollars per ounce, not less.</p><p><br /></p><p>In the news they are talking about the gov't sending money out to everyone in the country to stimulate the economy. If the gov't is worried enough to be sending us checks, you would think people would be trying to hoard Gold the world over and that would send the prices higher.</p><p><br /></p><p>And I was under the impression that Silver is often seen as the poor man's Gold when it comes to stacking. You need a lot of money to stack Gold but only a fraction to stack silver.</p><p><br /></p><p>I realize that dealers are inflating premiums, and that it may not be possible to actually take advantage of the low prices now of Gold and Silver (etc) in terms of physical metal. But why is there so little paper investing in something that is a go-to item to trade for a way out of a country in turmoil (Venezuela), or a war-torn country?</p><p><br /></p><p>Investors are fleeing to "Cash" - but why? "Cash" is the US Dollar which, if the stock market will continue to drop and unemployment increase (which is sure to happen if businesses will have to close for a few weeks straight), then the Dollar will also drop and Gold should then be worth MORE than Dollars. Wouldn't you think?</p><p><br /></p><p>Is there something I'm missing here?</p><p><br /></p><p>(Please everyone - no conspiracy theories, Q-prophecies or politics.)[/QUOTE]</p><p><br /></p>
[QUOTE="Good Cents, post: 4263083, member: 100720"]Normalcy is now projected to first begin in 18 months or more when they get a vaccine up and running. They are doing all kinds of "models" to figure this out but there is no "normal" on the horizon. [URL]https://www.washingtonpost.com/world/europe/a-chilling-scientific-paper-helped-upend-us-and-uk-coronavirus-strategies/2020/03/17/aaa84116-6851-11ea-b199-3a9799c54512_story.html[/URL] I'm trying to figure out whether to sell my PM before it becomes worthless, or buy more now if I can find some (seems to be sold out everywhere). I understand that Silver is tied to industry, so maybe projections are low for the next year or more. But Gold is not tied to industry, so why the huge drops? And on top of all this, if the market is expected to tank, then you would think the Dollar will drop as well. If the dollar is projected to drop then Gold would be worth MORE dollars per ounce, not less. In the news they are talking about the gov't sending money out to everyone in the country to stimulate the economy. If the gov't is worried enough to be sending us checks, you would think people would be trying to hoard Gold the world over and that would send the prices higher. And I was under the impression that Silver is often seen as the poor man's Gold when it comes to stacking. You need a lot of money to stack Gold but only a fraction to stack silver. I realize that dealers are inflating premiums, and that it may not be possible to actually take advantage of the low prices now of Gold and Silver (etc) in terms of physical metal. But why is there so little paper investing in something that is a go-to item to trade for a way out of a country in turmoil (Venezuela), or a war-torn country? Investors are fleeing to "Cash" - but why? "Cash" is the US Dollar which, if the stock market will continue to drop and unemployment increase (which is sure to happen if businesses will have to close for a few weeks straight), then the Dollar will also drop and Gold should then be worth MORE than Dollars. Wouldn't you think? Is there something I'm missing here? (Please everyone - no conspiracy theories, Q-prophecies or politics.)[/QUOTE]
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