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<p>[QUOTE=&quot;akajcw95, post: 1552200, member: 19760&quot;]I think silver could go to $15 again and gold to $1000 under recessionary conditions. If the economy goes back under then traders would see sharp ( and quick) losses in stocks and other investments. They would sell off their precious metals to cover their losses in other positions which would put a lot of downside pressure on precious metals and could get those lower prices. Another thing to consider is if the government with its QE operations, enormous debt , and a European debt crisis all going at the same time, more and more money will be printed and cause the value of the dollar only to decrease (especially in a soft default). I think precious metals have a good chance to sustain a bill market until interest rates go up (2015 at the earliest according to the fed) or until some groundbreaking event occurs (defaults/reccession) that could stop precious metal gains.[/QUOTE]</p><p><br /></p>

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