Wednesday, December 21, 2011

Gold: It Wasn't Supposed to Turn Out this Way

 A picture (or in this case, a chart) paints a thousand words.

 We could have just bought the S & P 500 and really been no further behind vs putting our money into gold. To add insult to injury, the commissions would have been a whole lot less buying the market.

 Left click on chart(s) to expand



 Gold stocks? They've dropped the ball and are losing the race.




 Of course, things can change.

 The problem is that ordinary people really don't want to be coerced into buying anything, a lesson goldbugs haven't quite figured out.

 Change the delivery and change the results.

 The goldbug rants are quite obviously not working.

 The charts speak for themselves.


 



Always perform your own due diligence. These are only my opinions.