It seems many main stream commentators from the financial channels have abandoned the precious? Rather than beating the drum that gold is over $1000 per ounce we hear that gold is in a bubble.

In these uncertain financial times selling precious metals may look wise in the short term but what investment class is doing better? It appears the U.S. dollar is going to swim against the main downward forces and stage a counter trend rally through perhaps the summer and that may just be the opportunity that savvy precious metals investors are looking for to accumulate.
Certainly, this writer is in the camp that all markets go up and down and within the major trend we can see some sell-offs perhaps this summer. In an earlier of The Morgan Report (TMR) I wrote (read more…)