Are Precious Metals Too Expensive

Are precious metals too expensive? For a full report I recommend you check out Casey Research's website and read their thoughts, but in a nutshell they suggest you ask yourself the following three questions:

"1. Is there any politically feasible way that the US government can avoid an overt or covert default on its obligations?

2. As the coming default becomes obvious to a broader universe, is there any way the Fed will be able to keep a lid on interest rates?

3. As the dollar era grinds to a halt, will central bankers, institutions, and investors want to replace their dollars with alternative fiat currencies - the Euro? Pound? Yen? Renminbi?"

Now before you run out and put everything into precious metals, never rule out government doing something unconventional to disadvantage gold; diversification is still key.

GB