Posted by Randall A Reinwasser on Friday, April 22, 2011,
Gold and Silver
Frank Holmes, CEO of U.S. Global Investors, dropped this interesting chart into his weekly commentary. Comparing today's gold price action to the 1970's gold mania and the 1990's NASDAQ bubble, it's pretty clear we're nowhere near a bubble in gold.
When listening to someone comment on the gold or silver market, you must find out if they were invested in precious metals five or more years ago. If, like Frank Holmes, they spotted this bull market in the early part of its rise they probably k...