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<p>[QUOTE="Cloudsweeper99, post: 707493, member: 3011"]I think gold and silver prices will continue to rise in an irregular manner. In a bull market, prices tend to move much higher and for much longer than people expect -- including the experts. Right now, almost no mutual funds own many gold mining stocks, and almost no pension or other institutional funds own gold bullion. All of the silver bullion available for delivery to investors probably has a total value of less than $20billion. This is a miniscule amount of money in the investment world. When money managers hold their annual client meetings this year, the clients are likely to ask them why they don't own gold/silver since it is one of the best performing asset classes. You can bet they will correct this situation to avoid client criticism. I'm not sure that industrial use or interest rates will stop the bull market in metals. Investment demand will overwhelm industrial demand and macroeconomic policy, at least for awhile.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 707493, member: 3011"]I think gold and silver prices will continue to rise in an irregular manner. In a bull market, prices tend to move much higher and for much longer than people expect -- including the experts. Right now, almost no mutual funds own many gold mining stocks, and almost no pension or other institutional funds own gold bullion. All of the silver bullion available for delivery to investors probably has a total value of less than $20billion. This is a miniscule amount of money in the investment world. When money managers hold their annual client meetings this year, the clients are likely to ask them why they don't own gold/silver since it is one of the best performing asset classes. You can bet they will correct this situation to avoid client criticism. I'm not sure that industrial use or interest rates will stop the bull market in metals. Investment demand will overwhelm industrial demand and macroeconomic policy, at least for awhile.[/QUOTE]
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