March 17, 2010
The great bull market in gold has been in force for almost a decade. I've shown where gold, since 2000, has closed higher for nine consecutive years. During that time gold has advanced from prices in the 200s to its current price of approximately 1124.
Now suppose the stock market had done the same thing. Can you imagine the frenzy that would be greeting stocks today? Yet, incredibly, the fantastic bull market in gold has elicited little or no excitement from the US public.