I believe we are at a bear-market bottom in precious metals and natural resources. We'll see a rising market with higher highs and higher lows. As we've discussed before, bear markets lead to bull markets; and this bear market will end at some point. The safest commodities to buy are those that are selling below what it costs to produce them. In these cases, the commodity price must go up or the industry that produces them will go out of business. With commodities like platinum, palladium, and uranium, if the prices do not go up, we will stop enjoying the benefits they produce. Fifteen years ago, I made a similar call on copper. I also believe the decline in the gold price from $1,900 to $1,200, was not the end of a secular bull market. I think it was a cyclical decline within a secular bull market. In full: (VIEW LINK)