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Re: None

Sunday, 04/30/2006 3:39:09 PM

Sunday, April 30, 2006 3:39:09 PM

Post# of 115222
It's worth your time to bone up on the 1970s and other "bubbles" in preparation for the coming run in gold and silver.

Hunt Brothers and the making of the Silver Bubble:

http://www.libertypost.org/cgi-bin/readart.cgi?ArtNum=137827

Historical bubble analysis from NYU Stern

http://pages.stern.nyu.edu/~ADAMODAR/New_Home_Page/invfables/bubbles.htm

IMHO: We are still at the formation of the bubble and completion is still some months off, perhaps a year away. Metals across the board are rising; however, gold and silver have an allure beyond that of the others. In fact, at the peak of the 1970s bubble, gold was priced higher than even platinum. Hard to believe. Now is the time, but be aware that as prices increase, marginal mines become profitable to begin production and producers at some point will respond to the market with rapid increases in supply. AURC's holdings have only become producable in the recent market as gold ran above $500.



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