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Now that PM are in the toilet, what will they be linked to!!

dlimb2dlimb2 Posts: 3,449
in Precious Metals
We are getting black gold down to where it should be and PM's are following suit....So what Commodity will PM's be tied to in the future! It will not be Black Gold! Cause no matter what America is making Change!!!!

Comments

  • ebaytraderebaytrader Posts: 3,312 ✭✭✭


    << <i>We are getting black gold down to where it should be and PM's are following suit....So what Commodity will PM's be tied to in the future! It will not be Black Gold! Cause no matter what America is making Change!!!! >>



    The same commodity it's been tied to for 4 decades - the US $.
  • dlimb2dlimb2 Posts: 3,449
    Ok, then that means we will be going back down to pre 2002 prices...and PM's are just for coin collectors!!! I like that idea...Hurray for the US Dollar!!!! Long may it LIVE!!!
  • DustyCoinboxDustyCoinbox Posts: 206


    << <i>Ok, then that means we will be going back down to pre 2002 rices...and PM's are just for coin collectors!!! I like that idea...Hurray for the US Dollar!!!! Long may it LIVE!!! >>



    Long as the US miliary has enough fire-power to decimate anyone who doesn't like it, it's probably going to stay that way...
    Successful BST purchases from: WaterSport, commoncents123, Hyperion, mozeppa, Mar327, coinlieutenant, Placid, MFH, fishteeth, FilthyBroke, SilverEagles92, illini420, barberman55, pcgs69 (2x) & 123cents

    History of the US Constitution Coin Set
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    The US dollar will never make it back to the 2002 levels without first setting many new lows in the process. The dollar may recover to the low 80's or even touch 90, but recovery back to 120 is a pipe dream. Remember, we're still in a dollar bear market.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • HonoluluDudeHonoluluDude Posts: 2,167 ✭
    It's still all about the dollar and the other fiat currencies.
  • derrybderryb Posts: 36,773 ✭✭✭✭✭
    Price of oil

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

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