| Due to the ongoing bull market in precious metals, gold | | | | losses? I'm fascinated to see that once again gold and |
| and silver related ETFs remain top performers. After | | | | silver are making their way back into the hands of |
| breaking out of a long consolidation pattern in | | | | individual investors just as they did 3 decades ago. |
| September the precious metals have been on a | | | | This time around instead of Gold Maple Leafs or Silver |
| winning streak. Investment demand for both precious | | | | Bars most investors will own their precious metals on |
| metals remains strong amid quantitative easing and | | | | paper in the form of ETFs. |
| easy money policies by central banks worldwide. | | | | The bull market in both gold and silver has been quite |
| According to Jim Rodgers and other long time | | | | orderly up to this point but you can tell that something |
| commodity traders these cycles tend to be about 18 | | | | is brewing if you watch these markets. Pundits often |
| years long, so another 8-10 years of rising prices is | | | | cite growing budget deficits and ever increasing |
| possible. Gold and Silver ETF products have come to | | | | money supplies as the factors that will lead to a super |
| market with great success riding this wave of | | | | spike in the precious metals before things are all done. |
| investment euphoria. In addition, leveraged Gold and | | | | When the morning paper is talking about soaring Gold |
| Silver ETFs continue to rise in popularity illustrating that | | | | and Silver prices and your neighbor is bragging about |
| the average investor has strong convictions about | | | | his Mining ETF gains it will be time to exit. With all the |
| rising prices. Not since the last commodity boom in the | | | | bull and bear products now available there is no doubt |
| 70's have we seen this type of excitement or interest | | | | that many investors will be trying to position |
| in the commodities. | | | | themselves properly in the months ahead. All I know |
| Isn't it crazy that we keep having these various | | | | for sure is that human nature never changes and |
| bubbles over time that cause early investors to get | | | | neither do commodity cycles, let the buyer beware. |
| rich and the ones late to the party to suffer staggering | | | | |