I just took a look at the Morningstar mutual fund category returns (below link) and it shows that the avg 1-month return for Precious Metals funds is about 31%, and 3-month return is about -36%. Considering that mutual funds generally like to have investors commit their $$ to the funds for relatively long time periods (at least this is my understanding), could this mean that we can count on precious metals to be a good investment over the next several months? Looks to me like it is at the beginning of an uptrend here?
Any thoughts on this? I am thinking of getting into 1 or 2 of them.