Monday, July 09, 2012

Gold Can't Catch a Break

If you think it has been a tough few months for equities, it pales in comparison to the recent performance of gold.  After hitting its high for the year in February, gold has been in a relentless downtrend for the last four months.  In fact, since the February peak alone there have been eight different periods where gold attempted a rally, only to see the advance run out of gas before the commodity could even make a higher high.

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Lunch is for wimps

Lunch is for wimps
It's not a question of enough, pal. It's a zero sum game, somebody wins, somebody loses. Money itself isn't lost or made, it's simply transferred from one perception to another.