James West

people running around out there like Chicken Little screaming The sky is falling! The sky is falling! There are also a great many people pointing to the performance of the NYSE and the S&P 500 and suggesting that a recovery is underway. Neither are true. The stock markets are performing well because the biggest contributors to stock market performance - the Financial Services sector - has been the biggest beneficiary of all that stimulus spending. There's an excess of capital and credit in the system, and when there's too much money in circulation, that problem is reflected in the prices of commodities. Gold and silver, and the companies that find and produce them, are going to be top performers in the years ahead. MidasLetter's James West is a 'favorite' guest on Canada's national Business News Network (BNN), and he's regularly consulted on his views as to the direction of prices for gold and silver. Besides BNN, I am also a regular speaker at investment conferences around the world. The timing of my investment picks have made me a sough-after portfolio advisor for European investment funds, and the Midas Letter Opportunity Fund will launch in 2011.