Is It Time That Spain Will Sink?

MsMorrisine · May 31, 2012 1:03PM

That's sink, not stink. We like Spain.

braddick · May 31, 2012 1:06PM

What?
You've got some spain'in to do.

tneig · May 31, 2012 8:45PM

According to the article from apmex, posted in the Greece thread Wednesday, there seems to be some question. The euro seems shakey, but they are also working on solutions.

For a narrow focused longterm PM owner/buyer of physical only at 10%:
Why should I care about the state of each nation over there in direct relation to my PMs? Is it any wiser to look at the overall euro situation at anyone time?? Its only one factor, in a long line of possible variables that affect my PMs. It may help to lower PMs at one moment, but help to strenghten the dollar at the same time, so equaling out, while at the same time, many domestic factors are affecting it. Is there a direct one-to-one that the euro nation problems are singularly making the domestic PMs prices lower?

DrBuster · May 31, 2012 10:28PM

Please don't get all your news from apmex. So and so is making the prices drop, time to buy. So and so is making the price rise, time to buy. They want to sell you everything all the way down and all the way up.

MsMorrisine · June 1, 2012 2:06AM

<< <i>Please don't get all your news from apmex. So and so is making the prices drop, time to buy. So and so is making the price rise, time to buy. They want to sell you everything all the way down and all the way up. >>

so true.

here it is in short form:
down - average down for the winning rise back up, there is proof it will go back up
up - pick up more for the continued rally that is happening, this is proof it will keep going up.

derryb · June 1, 2012 2:36AM

The Spainish situation is much more of a eurozone threat because of the size of the threat. Keep an eye on Italy. Any failure will have a domino effect.