I'm with you, but think it could take several years to play out.

Thing of it is, nothing has been fixed. We are in a supposed recovery that isn't. The TBTF banks are bigger than ever. The derivatives market is bigger than ever. Remember when the Fed used to talk about reversing QE? Now they can't even make a good threat to taper the expansion of its ever expanding balance sheet.

I see no reason for PM's to loose their luster any time soon. Still looks like an insurance policy to Fed lunacy to me.

When Tink and Badger@uw are buying, it may be time to think about selling, LOL.

John