Gold will rise, and rise and rise
 

The current bull market in gold that began in early November this year is different from any other in the past. This time gold will rise to continue. Like in all great rises, it may overshoot somewhat and then settle back. Nevertheless, the rise seems inexorable.
Last week gold prices climbed above US$ 500 per ounce for the first time in 18 years as it retains it allure as a safe haven for investors and on the back of the ensuing wedding season in India and with Christmas around. Despite its high price, it retains its attraction as an investment. Apparently any time is the right time to buy gold. Buy.

......and silver too
 

In the rush to profit from gold, silver is often overlooked as a precious metal investing opportunity. Silver is the poor cousin of gold. But for many it has a charm of its own. Notably it is India again. Silver prices don't directly track gold. However, from early November for reasons yet to become clear, the prices of gold and silver appear to be moving in tandem. Of course, gold is 60 times as expensive as silver and the similarity in trend may only be coincidental. Or are we wrong and has silver become store of value and hedge against inflation for the less affluent?

For, one must remember that the euro still is just a purely fiat paper currency, and so is theoretically subject to the same kind of "moneypulation" as the dollar was. The only two differences are that the euro's time-line, compared to the dollar's, is far, far longer when measured from today, and that its value is actually boosted by a rising gold price.