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GOLD

|Includes:SPDR Gold Trust ETF (GLD)

GOLD

Hi,

I can't help but read the mantra of blogs about GOLD.

It is amazing there are so many who wish their words to be read. And, there are so few that say anything that is even close to accurate.

I apologize for my criticism but there is much being said and little to want to follow.

My last few days have been fun, with the holiday giving me some space to both read blogs and DO SOME Serious Analytics.

On GOLD:

There is nothing to support a rally such is being said.

There is MUCH to support further Down-Side, but a quick or VERY Near-Term Rally could occur.

Holders of Gold just don't understand that -- sometimes for decades it is a LOSER! Try 1980 thru 2001.

Dr. Steve

Stocks: GLD