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02-21-2011, 04:18 PM

Digging4Truth Digging4Truth is offline

Still Figuring It Out.

Join Date: Feb 2007

Posts: 10,858

Re: Silver at 34

Quote:

Originally Posted by ILG

Wow! Does anyone know what is causing the upward trend in silver in the last few days? (I am aware of the longer term trends). $34.00 an ounce! Wow!

An expectation of the crash of the dollar. People are trading in their fiat money that they fully expect to be worthless for something that will hold it's value so they don't lose all of their wealth when the dollar loses it's value.

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