Last week large scale gold futures speculators pushed bullish bets to just under 750 tonnes, the highest since gold peaked at $1,900 an ounce August 2011.
Bob Moriarty explains why precious metals investors may want to look beyond gold to a commodity with a long history and an interesting relationship to the yellow metal.
Gold vaults $1,300 an ounce as inflation, dollar, stock market and geopolitical fears mount and interest rate around the world move into negative territory.