No Moss

Don't Miss the Coming Gold Bull

Buy gold before the sky falls. People love the idea of gold because they see it as a safe haven. It has always been, at its best, a temporary haven. When the economy is bad, when the dollar loses value, gold rises. The problems is, it sputters and falls when the economy improves. Would you want to hold gold in prosperous times, with the dollar holding its own and reasonably safe investments returning 10%? Versus 0% for gold? Well, probably not, and rational investors would be selling gold in those circumstances.

Gold is us 8 years in a row, but it's just about where it was at its peak in early 1980. After that, it went into a long period of trading between 250-450 before starting to rise again in late 2005, when it was 430 at the beginning of the year.

Perhaps you could surmise that gold has already peaked again and will fall on hard times if the economy bounces back. If it does, look for the price of gold to drop like a lead balloon.

Otherwise, listen to the gold bugs who scream of huge gains to be made by buying at the top of the market.