Gold Mania

According to just-released numbers from the World Gold Council, investors in North America and Europe increased their gold investments by 811% in the fourth quarter. Global retail investment increased 400% in the same time period.

Michael Jansen, a JPMorgan analyst, claims the small size of the gold market could mean much higher prices ahead: “The liquidity in the gold market is simply a fraction of the potential demand if the market truly believes that gold is the store of value.”

However, despite all the interest in precious metals, small gold mining companies are still dirt cheap. We’ve been giving gold mining trade in the Traders Money Club. They are up a lot, but with still more to go.