Leif Peterson

Bob Moriarty: Gold is Safe Haven for Looming Crash

You would probably be a fool not to buy gold right now. With regard to technicals -- look at the MACD and ultimate oscillator of GLD. The on balance volume (OBV) is not at a 1-year low, however, (probably because you will never see gold at extreme oversold levels). For fundamentals, you really don't have to do any homework. As an alternative, if you start playing the S&P500- or DJIA-associated equities, or BRIC-type plays, you will likely get burned.