The Commodity Investor Q&A
With Matt Badiali

Q: Gold stocks have had quite a run in the past few months. Do you think I should sell now and take profits? – H.B.

A: I think you're nuts if you take profits here.

I see gold stocks as a bet on robust gold prices. And robust gold prices are a result of the debasement of paper currencies happening all over the world.

---------- Advertisement ----------
On May 12th: Capture this $960 payout

Next Tuesday, you can buy what is certainly the safest stock in America...

Minutes later, you can "capture" an incredible cash payout of up to $960 or more.

Soon after, you can sell your shares... or hold this great company for the long-term.

Click here for the full details.
------------------------------------

In a mad dash to "save" everyone who can't balance a checkbook, nearly every federal government in the world is printing money like crazy... That should delay pain for a while, but the effort will eventually fall victim to the law that "there's no such thing as a free lunch."

At some point, paper currencies will head lower because of money printing. To show you how the market agrees with me, take a look at this one-year chart of one of my favorite gold companies, Goldcorp:


After reaching a bottom in November, Goldcorp is enjoying classic bull market action of "higher highs and higher lows."

And don't forget the "small guys," the constituents of the Toronto Venture Exchange. As I've written in the past, the Venture is the "Dow Industrials of junior resource companies." It is also showing classic bull-market behavior...


Bottom line: You have a bull market on your hands... which will only end if world governments all of a sudden get honest and stop dumping money into the rat hole of wars, bailouts, and social programs that reward laziness. In other words, it should last a heck of a long time... So don't sell yet.

Q: PEO trades at a 15% discount to its net assets right now, is it a good buy? – G.Y.