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diamond engagement
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Go Up in |
Prices Go Up in 2009The current economic crisis has some people confused about their money and what to do with it, and the usual safe haven of silver and gold during crises like this, hasnt resulted in them behaving in the usual predictable manner, nonetheless, prices of silver and gold are beginning to go up, and that should be the case for some time.People dont seem understand what has happened and why, as far as the U.S dollar retaining its strength when the underlying fundamentals said it should have been in a much weaker position, and why gold and silver, which usually does very well in hard economic times, were not moving up in price like they usually do.What this is called forced liquidation. What forced liquidation means is companies and funds are forced to liquidate or sell their positions in silver and gold in order to raise cash for a whatever reasons they need to, including covering their positions.Consequently, because silver and gold are denominated in U.S. dollars, ieStatus: 20
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