Based on the rate of depletion of gold and silver bars from bank custodial vaults in London and NYC, it’s fair to say a “low-grade” physical metals rush is in process – much of it flowing to large eastern hemisphere buyers.  This disintermediation of physical metal has been widely documented. At some point Gresham’s Law will engulf a wider investor audience and morph into a full-blown run on physical gold and silver.

Based on the chart patterns, supported by strong fundamentals, it looks like the precious metals sector may be starting to diverge positively from the stock market, similar to the late fall of 2008.  Andy Maguire and I discuss this topic as wells as several other’s in Kinesis Money’s Live From The Vault:


If you are looking for mining stock ideas that should outperform the sector, especially junior microcap ideas, I publish the Mining Stock Journal, which now offers Stripe as a payment alternative to Paypal