A lot of people have said for years that I was crazy for saying Gold and Silver was in a huge commodity bubble (similar to the housing market 10 years ago) and way overvalued.

But now we are finally starting to see the writing on the wall and it doesn’t look good at all for gold or silver.

Despite what Glenn Beck, Ron Paul, and all the Gold/Silver commercials tell you, it is not going to infinity, or even $2,000 per share. Far too many people have bought gold and silver over the years, and all they are going to be left with are horrible losses from listening to all the noise and following the crowd into these highly volatile assets.

When the crowd is getting in something in mass, that is no the time to be jumping in it with them. 

• It happened in the 1920’s with the Florida Land Boom
• It happened in the late 60’s, early 70’s with the Poseidon Bubble
• It happened in the Japanese Asset Price Bubble in the 80’s
• It happened in the Dot.com bubble in the 90’s. 
• It happened in the Housing bubble in the 2000’s.
• And it is happening today with commodities. 

More and more people will continue to panic and sell their gold and silver and take their losses all because they became convinced that a 30-second commercial repeated over and over and over again somehow was speaking truth.

Crowds never get rich…ever. It is those people who got in before others knew it was good, and got out before everyone else knew it was bad that make the lion’s share of profits.

That’s how it works!

The crowd will always be left holding the bag for those who had the foresight to take a chance before doing so was conventional.