I am amazed at how many people do not have precious metals as part of the asset allocation of their accts. Just to rebalance the allocations to adjust for the rise in value creates a nagging liquidation in the metals markets which in turn softens the margin pressure for hedgers and gives things a chance to unwind. It never ceases to amaze me how many people drool over an investment after the big money has been made and is taking net long postions in undervalued markets. You would think even the most illogical, ignorant person out there could follow the leaders and not be greedy and make money instead of being a victim. Just like the rise in gas prices. ANYONE who is a quailified investor can hedge fuel comsumption costs but most consumers (over 99%) do not even know what that means much less how to do it.
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