Gold

Some thoughts on gold. While it has been urged by many, including times at this blog, to buy gold, one has to be in continuous dialect with oneself in order to make sure that his or her investments are made in the right sectors of the economy.

Gold prices will collapse with an equities crash as traders sell everything to meet margin calls. Anybody long gold will most likely get stopped out in the confusion. Only when this has been manifested will it be time to by gold and not equities which will continue to be in a bear until 2010. If it was that easy to just buy and hold gold now everybody could become rich and as one that knows the market, this is an impossibility. Perhaps the reason Europe is now selling is to take profits in anticipation of exactly this scenerio...