With the incredible amount of interest in buying gold and investing in commodities, Investment U has turned to Money Morning commodities expert Peter Krauth to give an idea on where we are in regards to their historic cycles and how investors can take advantage of where we are right now…There’s never been a better time to begin investing in commodities.

Both gold and silver rose in Sunday evening trading on the Globex [counterparty...Western Pacific Ocean]. The peak prices in Far East trading occurred around lunchtime in Hong Kong. From there, both metals drifted slightly lower…and remained there all through European trading until the Comex open in New York…then away they both went.

In Far East trading on Monday, both gold and silver rose gently until later in their trading day. From there they began an equally gentle decline (dollar related?) that lasted all through London trading until the moment the Comex opened. Then it was lights out as the bullion banks pulled their bids and the floor price evaporated in a heartbeat.

Today, I’d like you to imagine a hot-dog business. After buying your cart, permits, insurance, hot dogs, buns, and condiments, you hit the street. You sell hot dogs people will happily pay $2 for. Let’s say it costs you about $1.50 to produce a hot dog, so you’re making a gross profit of $0.50 per unit.