Comment: I disagree.....

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I disagree.....

Precious metals are being driven by physical demand, not speculation. Central banks began buying gold in 2009 for the first time in decades. China is encouraging it's citizens to buy gold and silver, as well as Russia, India and more. Most Americans will be the last ones to the party because they so blindly believe that the dollar is still as good as gold.
If you look at the 10 year charts for gold and silver, it is plain to see that neither are anywhere near a bubble. Just a strong, steady, fundamental bull market taking place. Not even close to what happened in the 80's, or with the Nasdaq bubble or housing bubble. Not to mention, there are 10x the people able to invest in PM's, that were unable to in the 80's.
I do believe this run will ultimately end in a bubble, however we are nowhere near there, yet.

"You are not what you think you are, but what you think............. you are".
-Earl Nightingale