Some friends were recently asking why I was so enamored with silver. This is one of the best primers that I’ve seen:
Note that JP Morgan et al.’s ongoing criminal activity in the paper silver market is just coming to light now. If the CFTC can ever get reform pushed through, silver’s current bull is likely to don a jet pack.
Ignore the media nonsense about precious metals being in a bubble right now. There will be a bubble yes, but only after the current bond bubble bursts. Which may be soon: Peter Schiff was pointing out yesterday that the bond market is finally starting to show weakness and that mining stocks, many of which have hardly moved despite the ongoing precious metals bull run, are showing some life.
When the precious metals bubble does start to inflate for real, it’s going to dwarf the current run. Look for $5,000 gold, and crazy movements in silver.
Look for things to heat up from the New Year.