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<p>[QUOTE="InfleXion, post: 1313275, member: 29012"]Sorry to dig up a post from the first page, but I couldn't help myself. I must respectfully disagree that metals should be read the same as any commodity. They are not any commodity. Gold is a barometer for the value of currency. That's is sole function, and silver more or less follows gold. The steam behind this bull market is due to monetary policy more than anything else. So there's really no need to even understand the metal markets if you understand what currency is doing. If you do that's just added perspective, but it isn't necessary to identify why the trend is going where it is, and what needs to happen in order to either reverse it or extend it. So I have a hard time seeing gold and silver getting into a bubble. If anything the dollar would be in a collapsing bubble or an anti-bubble.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1313275, member: 29012"]Sorry to dig up a post from the first page, but I couldn't help myself. I must respectfully disagree that metals should be read the same as any commodity. They are not any commodity. Gold is a barometer for the value of currency. That's is sole function, and silver more or less follows gold. The steam behind this bull market is due to monetary policy more than anything else. So there's really no need to even understand the metal markets if you understand what currency is doing. If you do that's just added perspective, but it isn't necessary to identify why the trend is going where it is, and what needs to happen in order to either reverse it or extend it. So I have a hard time seeing gold and silver getting into a bubble. If anything the dollar would be in a collapsing bubble or an anti-bubble.[/QUOTE]
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