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<p>[QUOTE=&quot;towelie, post: 1527857, member: 40200&quot;]Kitco says today its up 97 cents, 1/3 due to inflation, 2/3 due to trading. Also need to note that when prices are going up people are buying more of it expecting to short it for profit. Now whether its a bubble depends on how much is being bought for short sale. Im on the fence right now about metals. There is little industrial demand for them due to the worldwide recession and economic issues. I see prices falling just as much as going up over the next 4 months. Obviously alot is pending on the election results coming up and european problems. Id say hold or sell a little off. I think odds are in our favor of a better entry point in the near future. The only factor going for it is investment demand, because people dont want to keep there money in stocks and worthless dollars and euros. This does not mean investment demand for short sale, this is a long term demand. I say no on it being a bubble.[/QUOTE]</p><p><br /></p>

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