Imho, I think we are going to see a huge rally in the pms within the next 6-12 months. What has happened in the last 2 years is the powers that be have been suppressing the metal prices ( particularly Gold and Silver ) by leasing huge quantities of physical into the market. Gold is the anti-dollar and to suppress it supports the USD as the world's reserve currency.

But how can you maintain the USD as the world's reserve currency when you keep debasing it via QE? China, Russia, India and other trading blocks hare already started dumping the dollar in favour of gold. Raising the debt ceiling only tells the world we are continuing our policies as usual to debase the world's reserve currency. That cannot last and we are getting to the point that a large devaluation of the USD is imminent and hence a large upward valuation of gold and pms are also imminent.

People, if you want to know why the junior mining sector has performed terribly in the last 2 years - this is the primary reason. Gold prices have been suppressed to give the illusion of a strong USD when fundametally the USD should be much lower relative to commodities and precious metals. Sentiment has been destroyed in this sector thanks to government intervention in these markets. However, that is going to change soon imo and investors will be flocking to these sectors. Hold on to your CUU.