posted on Apr, 15 2013 @ 02:51 PM
reply to post by burntheships
I've heard that too. "Price Fixing", regardless of the demand will influence certain trends. But this appears to be a downward trend across the
board for all
metals. That can be explained (some would say) by the rise in the stock market. When stocks are up people tend to revert some of
their metals to trading in paper (instead of holding actual assets). And the stock market is surely "up" for now.
Some others would say the rise in stocks is the precursor to a collapse (historically speaking) and that
is why you should retain your metals,
regardless. Little fluctuations mean nothing in the long run. Besides you are diversified, riiight?
How long before something else kicks out the bottom of the "house of cards" debt-conomy?
Especially silver. It is the most used metal in electronics. With nations like China, India and Russia needing more and more of it down the road, the
price can only go up certainly, eventually.
So... wait for the bottom and then buy a little more.