Talk about a Christmas gift!

Gold and silver both hit new record highs Christmas week, with gold eclipsing $4,500 and silver above $70.

But are these precious metals in a bubble?

In this episode of the Midweek Memo podcast, argues that they are not. He thinks that the gold and silver markets are telling us something - that they are signaling an important monetary paradigm shift.

This week, Mike also explains why the Magi gave the gift of gold to Jesus and tells you where that gold is today and how it got there. (Yes, we know!)