Bulldozer..notice the letter only includes 'quality' gold stocks, and allows 5% of portfolio to commodities.
That is the letter I remarked on earlier, one of many recommendations circulating to mostly US residents, (as it's the US with the major double deficit/Chinese trade/banking and housing melt down problem). Unfortunately that attitude isnt helping the commodities inc silver shares, or gold juniors even, many of whom are developing producers. J Sinclair is afterall a gold miner. Canada last I was told has a small surplus, and while some sectors are diminishing others are developing.
Stagflation..ie one part of the world economy going into recession coupled with rising global commodity prices (due to supply/demand issues) supports all commodity prices, and did when the stagflation phrase was coined in the '70s. The recessionary element is becoming plain, rising commodity prices plain in other areas outside PMs. Eg New iron contracts are rising substantially. I'm told coal has been hot recently (not all I might add), and since its inclined to self combust (I lost a lot on an Australian coal/gold miner a few years ago when that happened), will treat that sector with the intrepidation it deserves...
Clive Maund is promoting quality juniors in his public silver/gold releases, I just wish a few more would take it up.