* This is my first day back in Puerto Rico

* I spent the last several days in Vancouver, BC at the Cambridge House Resource Investment Conference

* It was very well attended; twice the number of people

* I think it's a good sign that we're starting to see some interest now

* Remember it was exactly a year ago that we bottomed out in precious metals, we bottomed out in industrial metals and agriculture

* And we had a huge rally in the commodity complex over the last year; it's continuing this year

* And I think this is just the beginning of a huge new bull market in these sectors

* Speaking about bull markets, not only did the DJIA trade above 20,000

* Finally, today, after flirting with it for so long, we not only got above 20,000, but we closed above 20,000

* In fact, Donald Trump is so excited that the Dow is at 20,000

* That he actually tweeted out a comment

* He tweeted an AP press story which says, the DJIA trades over 20,000 for the first time, latest milestone in record-setting drive

* To which, Donald Trump President of the United States, tweets out," Great! Dow 20K"

* If the Dow had crossed 20,000 during the campaign,  he would have said, "Big Fat Ugly Bubble!

* Look out, this is a phony market, it's propped up, it's going to come down when interest rates go up

* This is going to get ugly, don't believe the Dow; he would have been criticizing the Dow

* Now, he loves it.

* It's great, this is huge, it's incredible

* He's taking credit for it, "I'm President, things are good!"  Right?

* It's a bubble

* If it was a big, fat ugly bubble when it was Barack Obama's bubble

* Now that it is Donald Trump's bubble, it is still a bubble

* If Donald Trump thinks the stock market no longer is a bubble, was he lying when he was campaigning?

* Was he calling it a bubble because it was politically expedient?

* I guess a bubble is in the eye of the beholder, right?