Red-Hot Resources

"Luck is not chance, it’s toil; fortune’s expensive smile is earned.”

Monday, December 17, 2007

Another Chart to Ponder

Here's a daily chart of the Gold Bugs Index ...
Just remember my bearish outlook on gold is short-term only. I expect the US dollar to run into more trouble down the road. And that will be a great buying opportunity.

Labels:

Check out my new gold and energy blog at MoneyAndMarkets.com