gordon

Why a Psychological Bottom Will Lag Any Real Recovery

You're taking too much risk in gold because Paulson has smacked it every time near $900, all he does is make 2 phone calls, the IMF to sell gold, and the Goldman Sachs Commodities Index Boyz, to underweight/manipulate gold. If you followed the 80-week moving average on the $SPX you would have got out of the market, just like you say the break to the upside in early 2003, plot a weekly chart, use a 52-week moving average if you like. In 2007, the $SPX needed to get above 1435 or it was doomed. Read the chart.
3-month FDIC CDs 2.5%-3.5% laddered, TIPS, if you bought them in the last couple yrs, I still have some yielding over 6%, bank CDs(Imperial Capital is good locally here in San Diego, yea, they have troubles, but they're FDIC paying 4% now), I recently bought GEGlobal bonds paying 7% thru 2011, FirstEnergy paying 7.5% thru 2012, both non-callable, AA- BBB area, all these alternatives would have keep you sleeping at night.
Better start listing to Phil Grande too (philsgang.com) before you trade-away the rest of your money.