When the price of gold is measured not in dollars but in rubles, yuan or rials, the percentage price increase in gold is even more impressive.
Monetary and political disorder is always good for gold. If Trump wins the election later this year, the price will go through the roof!
How will silver fare? We’ve seen it surge recently. Silver could be in the early stages of a bull market. Or a massive bear trap.
The problem with silver is that it's frustrating. The silver price will re-test its recent lows, then rally, before falling and then rising again...
Silver bullion is selling on the free market for close to double the spot price that commodity exchange Comex would like you to believe silver is worth.
With such a small amount of silver bullion available today, it really won’t take much Chinese demand to make a big difference to the silver price. And only recently, China has switched from being a silver exporter, to a silver importer.
If the mainstream perceives gold investors as cranks, they see silver investors as the real nutters out there.
In the last eight years the silver price has increased close to five-fold, from US$6 / ounce to US$29 / ounce. It hasn’t been an easy ride for investors. The price crashes intermittently when the trade gets overcrowded. With just…