Gold’s

Bull Market

Prevails

The price of gold’s secular low (1999) was $252.90 per troy ounce and today is trading at $2467 or almost 10 times your money.  From 1999 till today hanging on for one heck of a wild ride as gold moved upward in a saw tooth manner.  Years from now gold will be vastly overvalued and stocks will be on the give-away-table.  For right now it is time to buy the dips when they occur as gold’s bull market remains intact on a secular basis.

Smart Money - Buys Aggressively!

Capitulation

Despondency

Max-Pessimism 

Depression 

Hope - Silver F

Relief *Market returns to Mean  - Short Term Notes & Bills or MMF

Smart Money - Buys the Dips!

Optimism - Gold

Media Attention

Enthusiasm

Smart Money - Sells the Rallies!

Thrill

Greed

Delusional

Max-Optimism  Residential Real Estate

Denial of Problem - Stocks 

Anxiety 

Fear

Desperation - Long Term Bonds