Bill has been predicting that the price of precious metals is going to continue to rise, perhaps precipitously, making it a very attractive investment. It looks like he knows what he's talking about. The spot price of gold has currently reached $493 an ounce. This time last year it was around $425 an ounce. Investors are buying and pushing the price up, and it will be interesting to see if they regard $500 as a benchmark signalling them to sell and score profits.
If not, it may soar several hundred more dollars. Yikes!
