gold

You would think that the investment community, that is the banks, brokers and other professional advisors would scratch their head and adjust their expectations to these unexpected fireworks, but they don’t. Last week there were a number of experts from different brokerage firms interviewed on the daily business radio channel I listen to during the day and their comments just about blew me away.

They still don’t understand. Gold has entered a new era and they just refuse to see it. They either have no opinion on Gold (let alone Silver) or they just see Gold as an abnormality, a freak rise that will soon be over.

These comments confirm my view that we are

still in the very early stages of this major bull market in Gold

, and it will most probably take a lot of time for these gentlemen to admit that they were completely wrong. By that time, Gold will have risen quite a lot more, perhaps even soaring above the $1000 mark before these ‘analysts’ eat their comments and retrace their steps.

http://www.kitco.com/ind/Martens/jan082008.html