It is interesting to look back at how the Oil producers performed during the run up in Oil from the $51.03 in January, 2007 to the high of $147.90 in July of 2008. The XLE underperformed the $WTIC similarly to how SIL is underperforming $Silver now.

The bias against commodities as an asset class is not limited to Gold and Silver.

Imagine if semi conductors were a commodity and they rose sharply back in Intuit's heyday....do you think Intuit's shares would have hugely underperformed during that time....not a chance.

Did anybody just see the guy on Bloomberg making negative comments...stating there is no reason for Silver to be outperforming Gold....calling it fanatacism. Amazing...