Precious Metals Fundamentals More Bullish Than Anytime During The Entire Bull Market

2011 was a volatile transitory year for most markets as the primary monetary concern shifted from asset inflation to asset deflation. Sentiment in gold and silver trended lower throughout the year as speculative positions were liquidated and money managers poured money into U.S. government treasuries yielding record low interest rates both nominal and real. This trend can easily be seen in the under performance of platinum, which price has fallen below the price of gold despite the fact that it is 30 times more rare...more