Experts are praising the dramatic increase in price of gold and silver this year.
In late 2007, the DOW was over 14000.
Early in 2009, the DOW was below 7000.
In July 2011 the DOW was hovering around 11000 and gold hit a high of $1900.30. Silver also hit a high of $48.48 at the beginning of 2011 as well.
Today, the DOW is trading in excess of 18000, while gold languishes almost $600.00 below its high and silver trades well below half of its high.
(Even in 2011, gold and silver were undervalued according to those same experts.)
If and when gold and silver eclipse their all time highs, are these experts going to expound their expertise in forecasting?
Methinks they will eagerly await the next downleg and then try hard to reap the monetary benefits that they help manipulate.
You may think the Republican and Democratic parties are manipulated, but they don't hold a candle the the money experts.
"We live in interesting times"
Good Luck to all!