AYN alcyone resources ltd

Agreed Steini. If we did see a default I do not see a sell off...

  1. 263 Posts.
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    Agreed Steini. If we did see a default I do not see a sell off in PM's this time like 2008. There would be a flood out of stocks into PM's with the dollar providing no shelter for the fearful. Either way it is a good scenario for silver.
    Bernanke has hinted at QE3 already. He cannot do this without raising the debt ceiling. This was a done deal months ago. The US politicians are milking it for all its worth.
    Al.
 
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