The past few weeks and months have witnessed an impressive rally in the price of precious metals. When any commodity has such an impressive run as silver and gold have, it would be natural to question how far it has left to go. While many market pundits have turned bearish on gold's prospects, we remain steadfast in our belief that precious metals are in a secular bull market, and have quite a ways left to go.
As usual, we'll start with technical considerations and move into fundamentals.
Is This What a Bubble Looks Like?
There has been much talk recently about precious metals being in a "bubble." To be honest, we attribute much of this discussion to the fact that there were two bubbles in the past 10 years, and it is now the craze to try to call the next one. However, such terms should not be taken lightly,
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