[daniel1980fl]

nika, good input! one insight though. I have a friend working high in hierarchy in one of the biggest precious metals trader in the world. He told me what you saying about gold (and other P.M.), but he said that White House is drafting an Executive Order for president (Obama if still?) to actually ban sell and export of P.M. you see, they know when dollar loose its green face, it will be nothing more than paper, and then P.M. will soar. In order to stop or slow it down, the government will be entitle to take ownership over your precious metals (it happened in the past!) and cruel penalties will apply if you do not submit. further to cool of the US market it will be forbidden to import/export not to create a shell in US for cheap/expensive p.m. tradeoff. The biggest trade houses are advising clients to stash pm. or certificates in foreign countries. he also told me they lobby hard to allow IRS to tax other-than-bullion P.M. Right now, as you know, you dont need to report gold and silver coins to the IRS (bullion only). I think you are right about the bubble, but this one will be "revert-bubble": it will grow naturally through market need, but will be artificially killed by US government and its sanctions. I have 80% of wealth in us silver great eagle/canadian coin since $21. I think we will see $100 on it, but I may be wrong.