In yet another indication that the bull markets in gold and silver are FAR from over, Yahoo Finance has published an interview with gold expert Yoni Jacobs (come again?), who claims an impending collapse in gold will take the metal under $700 an ounce.
Jacobs claims gold is in a bubble which is about to burst (1% of all financial assets are invested in the entire PM arena, please explain to us how an asset class that less than 1% of Americans are invested in can be considered a bubble Mr. Jacobs!) and recommends investors short the GLD and the GDX (miners ETF).