In James Dines' most recent Dines Letter, he points out that we are not in a commodities bubble for the simple reason that it is the nature of bubbles that people within a bubble cannot tell that they are inside one. In other words, the mere fact that were are hearing everywhere about The Commodities Bubble, in the media, on TV, on the radio, means that we cannot possibly be inside one. When we hear about IRA's offering gold and silver contracts as a way to insure safe retirement benefits forever and the Commodity ETF's as New World Order Investments that never go down, then start thinking about the bubble. Hopefully some of you will be thinking bubble at that time, but the nature of bubbles makes plain that most people won't be. Most people will be trying to get rich and enjoying the excitement. I think most people like bubbles and deny their existence because they love that excitement that thrill. Thoreau was right. "The mass of men lead lives of quiet desperation." And anything, ANYTHING that can get them out of those lives of quiet desperation is welcome. Fortunately for me, my life is pretty exciting as it is. In fact I don't need any more excitement. I have just about all I can handle, so selling out early in a bubble should be easier for me than the average bear. But right now, I don't see anything like a bubble in the precious metals market that I need to sell out of. If you do, then I think you are tuned to the wrong channel. Please adjust your set. Bull