With prices dropping, I plan to invest some of my money in precious metal beside Bitcoins.
I know it's becoming tempting to buy, however i would wait some more time, they probably gonna drop much further. "Never catch a falling knife."
It is better to catch the falling knife than to miss the life line.
Prices of PM could fall a little more, like prices of BTC could fall a little more, but:
1) Prices of PM are so low any other decrease would put miners out of market.
Falling prices have happened without any PM changing hands. Just paper assets moving from a player to another in a rigged game.
People there is just exiting the paper market and a few are entering the physical market, instead.
In the meanwhile, the chinese and indians are not stopping to buy gold and silver. Shanghai, alone, delivered more gold than the entire world production in the January to April 2013 time frame.
And they pay 3-5% more to have real gold in hand.
2) Prices of BTC is low and have tested the lows so many times it is pretty sure there is a base near completed where it have no way to fall from.
All people valuing BTC less than 100 US$ have sold them already to people valuing them more.
Without paper derivatives and similar cheating, there is no way to artificially depress the price of bitcoin.
