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<p>[QUOTE=&quot;fatima, post: 1037402, member: 22143&quot;]Silver (and gold) dropped because the comex raised it&#039;s margins.&nbsp;&nbsp; There is no other reason.&nbsp;&nbsp; Bankers who are providing shorts are pulling out all the stops to reduce the interest.&nbsp;&nbsp; This is why I say that retail small investors can&#039;t time this market.&nbsp; If you are in PMs, then it needs to only be with a long focus.&nbsp; Else, go elsewhere as you will continue to get bad haircuts.&nbsp; </p><p><br /></p><p>For the short term, the focus should be on Ireland.&nbsp; If that government caves to the EU, Fed, and IMF then it&#039;s same old story of tax payers being forced into austerity measures to protect the backs to of the bankers.&nbsp; PMs will still rise over time.&nbsp; If Ireland balks at this and does like Iceland, then it&#039;s the beginning of the end for the Euro and the ramifications are unknown especially as applied to PMs.&nbsp;&nbsp; People and countries will continue to load up on PMs in order to try and preserve some of their wealth.&nbsp;&nbsp; </p><p><br /></p><p>Both options that Ireland has will end up in the same place, BTW.&nbsp; However the difference is the speed in which they will get there.[/QUOTE]</p><p><br /></p>

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