Options
Hypothetical PM ? - Middle East War
pwrful4
Posts: 282 ✭✭
IF Israel were to declare war on Iran in the next 6 months, what prediction do you foresee on PMs?
0
Comments
<< <i>IF Israel were to declare war on Iran in the next 6 months, what prediction do you foresee on PMs? >>
Higher oil and PM prices.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Everything seemed to be selling off to some extent for one reason or another.
I personally feel the pm's will be gainging strength into 2013, perhaps not the $2,000.00 price level that is frequently thrown around on cable channels like cnbc, or on pro gold web sites, but something on the order of the low to mid $1800's with strong buying conviction and price stability.
I really don't see what can happen over the next several months that changes any of the dynamics for being bullish on gold.
JMHO
In God We Trust.... all others pay in Gold and Silver!
Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat
<< <i>Middle East War.......... Stack gasoline. >>
should i start stacking the empty cans?
Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat