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Gold/Mining/Energy : Gold & Gold Stock Analysis
GLD 368.78+0.2%Nov 3 4:00 PM EST

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To: ecrire who wrote (25052)8/2/2011 5:13:15 PM
From: GST8 Recommendations  Read Replies (1) of 29622
 
Gold is up about $500 in the past 12 months -- and the rate of ascent is picking up steam with the next milestone being in the $2,500 range. That should take us to about this time next year. $40 is just another day in the park. There will be days when it is up and some when it is down -- but when the year has passed it will again be climbing to substantially higher levels. Every day a new explanation will be offered -- more hot air -- more baloney to keep the befuddled 'go with the flow' traders entertained and financially drained -- a daily side-show for generate advertising revenue.

But in the end, the fundamentals rule -- and the fundamentals say 'buy gold and keep it'.
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