Placed at 6.30 HK, already up 10% to 6.90. There is a bull market out there in gold but Wall Street and Main Street still haven't caught on. How many other IPO's have you seen coming to market lately?

I've noticed most of the typical PM newsletter writers think gold and silver are overbought and due for a big correction. I've always thought that most of the long-time PM newsletter types will miss the big run-up in junior shares when the PM's go ballistic because they are chained to looking at the charts and will be out and miss most of the froth. When Main Street starts getting in, we are in for at least a year of frothy markets. Remember the Nasdaq was overbought in 1997 but didn't peak until 3 years later as Main Street jumped on the internet craze.

stateside