Once Again, Gold Confirms Its Uptrend

When the dot com bubble burst and stocks entered a secular bear market, gold did just the opposite and began a secular bull. As you can see on the chart below, this bull market is doing quite well. In fact, on Monday gold broke out to a new all–time closing high of $1,278.35, thus once more confirming its uptrend. And it’s no wonder! The fundamental background for a rising gold price is extremely supportive … Ever-higher government debts in most parts of the world are accompanied by reckless bailout and stimulus… . . . → Full Story: Once Again, Gold Confirms Its Uptrend