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<p>[QUOTE="desertgem, post: 2022900, member: 15199"]And what do you present as backing for that statement. Which is a rhetorical question as there is none. Perhaps faith , hope, or something else, but it might stay down for decade or more. The economy is growing stronger, the USD is dominant among the currencies, The Saudis are offering a 20% discount on oil to try and remove incentive for internal US production, where is the great "Weimar " inflation so many bullionists predicted for the US with quantitative easing a few years ago? Not there. Maybe someday, but what would change over one or two years with high enough probability to cause it to drive PM up?</p><p><br /></p><p>Don't get me wrong, everyone can buy all they want at whatever price in my opinion, but to offer that it is a positive for those just getting into it has an unknown probability.</p><p><br /></p><p>And I guess that qualifies me as a "downer", but investments should be based on facts and high probability.</p><p><br /></p><p>Jim[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 2022900, member: 15199"]And what do you present as backing for that statement. Which is a rhetorical question as there is none. Perhaps faith , hope, or something else, but it might stay down for decade or more. The economy is growing stronger, the USD is dominant among the currencies, The Saudis are offering a 20% discount on oil to try and remove incentive for internal US production, where is the great "Weimar " inflation so many bullionists predicted for the US with quantitative easing a few years ago? Not there. Maybe someday, but what would change over one or two years with high enough probability to cause it to drive PM up? Don't get me wrong, everyone can buy all they want at whatever price in my opinion, but to offer that it is a positive for those just getting into it has an unknown probability. And I guess that qualifies me as a "downer", but investments should be based on facts and high probability. Jim[/QUOTE]
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