After Huge Gains in Gold, Hedge Funds Sell - NYTimes.com

The True Color of Gold

At 12:42 EST gold has dropped to $1657,  more than $250 off  highs of $1907 just a scant two weeks back as people predicted $5000.  What gold does from here time will tell, what should be clear is that the price of gold is volatile. A golden mirror of our moods- shinning ring on the newly weds finger reflecting the pinnacle of joy-   the glimmer in the eye of the hoarder-  not a chart-  the prayer for border crossing for the fleeing refugee- The value of gold is set by mood.  Speculators and investors beware- gold is slippery as well as shinny 

After Huge Gains in Gold, Hedge Funds Sell - NYTimes.com:

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Inspired by Paul Krugman

The Only Game in Town

I read Paul Krugman's piece from September 6, 2011, 9:18 PM

Treasuries, TIPS, and Gold (Wonkish)

 http://krugman.blogs.nytimes.com/2011/09/06/treasuries-tips-and-gold-wonkish/

The subject seemed to be.  What's driving the price of gold? Struggling to comprehend the "Economic Speak" I gleaned that he might be suggesting that, while most investments are dull to depressing with seemingly little prospects any time soon, gold has been all "Hoots and Hollers."  It seems the gold rush is the only game in town.  If in fact, this is the phenomena driving gold prices, then "Long Gold" should watch closely for the sell signal of the next game afoot, and move deftly to that Arena, profits in hand, well ahead of the crowd, avoiding the stampede away from gold and consequent huge losses.