Benjamin Borden's "Best Canadian Stocks"

I ran across this excellent article by Roland Watson. I’ve always liked Roland – his level headed and wide perspective approach to gold and silver appeals to me now more than the hype factory which appears to have grown up around this investment class. Basically Roland is saying that when viewing gold as a currency, it is at times oversupplied and undersupplied relative to paper currencies. Every thirty years or so it seems to be in an undersupply situation, leading to an increase in “price” (or a decrease in the value of paper currency vis-a-vis gold). We have clearly been approaching an undersupply situation, but it hasn’t quite bottomed yet based on previous historical bottoms.

So for those of you who missed the early years of the gold bull from 2001 – 2008 (myself included), hang on tight cause a blow-off top might still be coming.

Personally, I’m not sure if you want to chase this investment class right now seeing as there are so many other great opportunities out there. However, it might be a good market to short once you hear coffee baristas discussing the gold market when you line up for your morning brew.