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<p>[QUOTE="InfleXion, post: 1273418, member: 29012"]I'm not sure what's crude about it. It's just data points. One could argue that oil is also a monetary commodity since oil can only be traded in dollars, and it should reflect that same relationship. The world is on a petro-dollar after all. Silver is a speculator's metal in the paper markets, but I'm not speculating with it, and a lot of people are just holding like myself. That doesn't mean I'm not speculating about it though <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /> The physical market and the paper market are entirely different, and I'm hoping that one day the physical market will be free to be itself. Of course as the monetary supply expands, all commodities should rise in price, and they have. I don't know that there's any definitive way to use price action as a basis one way or the other on this.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1273418, member: 29012"]I'm not sure what's crude about it. It's just data points. One could argue that oil is also a monetary commodity since oil can only be traded in dollars, and it should reflect that same relationship. The world is on a petro-dollar after all. Silver is a speculator's metal in the paper markets, but I'm not speculating with it, and a lot of people are just holding like myself. That doesn't mean I'm not speculating about it though ;) The physical market and the paper market are entirely different, and I'm hoping that one day the physical market will be free to be itself. Of course as the monetary supply expands, all commodities should rise in price, and they have. I don't know that there's any definitive way to use price action as a basis one way or the other on this.[/QUOTE]
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