Wednesday, March 15, 2006

Will Gold's Climb Up the Wall of Worry Come Crumpling Down?

Ever since bottoming in 2001, gold has managed to climb the proverbial “wall of worry.” Along the way, there were several consolidation and corrective phases just like the one we’ve been experiencing lately. They’re never much fun but are a necessary evil en-route to new, all-time highs in gold, IMHO.

If you found yourself to be among the “nervous-nellies” of late, let me take you back through time via this chart and remind you what happen to previous worry-warts and especially those who said the end was near.

( Full story here )

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