Chris Vermeulen joins Patrick Viera from Metal Money to discuss why gold and silver are not out of the woods yet, and how the early stage of the commodities supercycle now is reminiscent of the last cycle which began in 2003.
We are starting to see gold miners outperform gold which is a good sign because it is usually a leading indicator when speculative money enters the leveraged plays. Once gold finds support around $1800-$1850 and hangs out there for a while we will confirm the momentum for a new uptrend.
