Silver Goes Hyperbolic

Investor confidence in real estate and equities markets remains shaken--and some investors are turning to financial alchemy, or gold and silver.Poor leadership in the USA, and a house-of-cards financial system make shiney metals attractive.Still, I suspect there will be gathering investor confidence for conventional investments for years and years from the current low point. As conventional investments gain steam, gold and silver will lose their lustre--and not just for a season, but possibly for decades.I like risky bets. I go to the racetrack sometimes. I am over 55 and I have never had a physical examination (I like to taunt my wife with that).But I would not buy gold now.

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