Topic: Gold is NOT in a bubble

great article from kitco
http://www.kitco.com/ind/Lewis/dec162009.html

dave

Re: Gold is NOT in a bubble

Print out a five year chart of gold prices and it is a perfect 45 degree slope upwards, but for a few market corrections here and there. The secret is to KNOW that those are only market corrections and dont panick! All precious metals follow the same trend. Silver is in a perfect BUY BUY BUY spot right now because of the world wide demand for silver as a conductor. At $17.00 ozt I would DEFINATELY say go long on a kilo bar or two of silver. Make sure you take posession of the bar(s) as well.
Make sure you buy from a reputable refinery. and make sure it is 99.999 pure. Also, take a look at the spread between Platinum and gold...Today it is less than $200. The same is going to happen with silver and perhaps even paladium

Re: Gold is NOT in a bubble

ANd thats all I have to say about that