Stephanie

Still No Inventory Reduction at GLD

Wchanofalberta's comment - See? $250 versus $786 today. You STILL made 3 times your money in return if you sold out today. How about March? 4 times! Base metals and some commodities gave and still give you MULTIPLES of that.

Here's the evidence - www.kitco.com/charts/l... - the ten-year chart tells it all. And compare the dow numbers with gold in the same time frame, and you'll see that the dow/gold ratio had dropped to as low as something like 12-14 this past year. Even now, with the current dow of 11,660 and gold price of $786, the ratio is only as high as 14.8.

The key is that you have to know where are you in the bull/bear market cycle. You want to buy in when it's bottomed out and starting to go up, hold through the intermediate period, and sell out near the top and move your money into something else that is currently undervalued or unappreciated. Everything made and sold under the sun by humans have a bear/bull market cycle. You can't just go by numbers. You have to look at everything around you.