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Post# of 90887
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Re: Picassa post# 21601

Sunday, 11/27/2011 4:47:51 PM

Sunday, November 27, 2011 4:47:51 PM

Post# of 90887
if the US bond market starts to sell off, metals will get hurt by rising interest rates. already gold has shown itself to be a poor safe haven. despite all sorts of calls for $2500 by year's end, it's thanksgiving and gold is at $1683.70. silver has fared even worse.

i'm not saying AUMN is a bad company, far from it, but i do think metals could be in for some pain, especially if the eurozone crisis leads to global deflation.

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