GFMS CEO Paul Walker

“…ultra-low interest rates, macro-economic dislocation, fears of global imbalances…the wrath of these things still remain solidly in place and that’s really the bedrock of the gold bull rally.”

I doubt that the situation is much different here in Australia. Being a gold and silver bug I have been following what is happening here on the ground in Australia. Our Silver ETC (ASX: ETPMAG) has a miniscule market turnover as does our Gold ETC (ASX: GOLD).
But just in case I’ve missed something I’ve been asking all of my friends if they own Gold or Silver bullion…. I’ve only found one person and he has a gold scrap business. I’ve yet to find anyone at all that has a few thousand ounces of silver or hundred Ozs of gold. And I haven’t heard a taxi driver or a concierge talk about gold or siler for many years……So to me so far we aren’t in a bubble.

GLD

• Economists Say Precious Metals Are in a Bubble, History Says They’re Dirt Cheap by Danny Furman
• Wall Street Breakfast: Must-Know News by SA Editor Yigal Grayeff
• The Bedrock of the Gold Bull Rally by Frank Holmes
• Today in Commodities: Full Agenda by Matthew Bradbard
• An All-Clear Signal for Gold and Silver? by Yatin Karnik
• The Dollar’s Impact on Price Action in the S&P 500, Gold and Oil by Chris Vermeulen
• John Paulson Is Bullish on These 5 Stocks by Dr. Osman Gulseven

SLV

• Economists Say Precious Metals Are in a Bubble, History Says They’re Dirt Cheap by Danny Furman
• Most Overbought ETFs Across the World by Bespoke Investment Group
• Today in Commodities: Full Agenda by Matthew Bradbard
• An All-Clear Signal for Gold and Silver? by Yatin Karnik