- blinkerbug, on 12/05/2008, -0/+4So our government is causing the banks to hoard or tie up dollars and that's what is causing the dollar to rise? Wow.
Judging by the Baltic Dry Index this is all going to come to a climax soon http://www.dryships.com/index.cfm?get=report it's at $666 right now, down from a high of over $220,000. I kid you not. - jraymilton, on 12/05/2008, -0/+2I think the perception of deflation is a result of a MASSIVE decrease in USD velocity.
http://www.nytimes.com/imagepages/2008/02/17/busin ...
had quite a party, but it suddenly ended, and despite all the extra dollars in the system now, we've seen deflation, but it can't possibly last, and when it ends, prices will go nuts and precious metals simply won't be physically available. Slowly, the paper market is losing confidence, as Nov. 28 deliveries indicate. - SilverBids, on 12/06/2008, -0/+1They can't manipulate the price of gold and silver on eBay!
That's why Silverbids.com is tracking the price gap between physical and paper precious metals using auction data.
Before buying metals, check our graphs to see what metals and quantities are selling for the lowest premium over spot.



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