Over the last two weeks, gold futures are up more than 3.5%, silver futures are up nearly 9.7%, the Market Vectors Gold Miners ETF (NYSE: GDX) is up 7.7%, and the Global X Silver Miners ETF (NYSE: SIL) is up a whopping 15.8%.
Political unrest spewing forth in Egypt and Tunisia, inflationary pressures on the rise, and with renewed concerns about the viability of the U.S. government’s tenable fiscal positions and the economic penalty we’ll all pay to solve it, precious metals and the stocks of the companies that pull them out of the earth are pushing higher. worth a read
Update: Nice to see the run continuing silver gained another 3% last night.

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