Baltimore — (TFN): I stuck to my word and bought gold. If you follow the markets long enough, you earn a full grasp of the psychology behind it all. After a while, you notice the tiny quivers and false starts that signify a move in either direction.

I used this insight and logic to warn investors about an imminent downturn in gold prices earlier this month. I got a lot of “feedback” from disappointed gold bugs. But it didn’t take long for them to eat their words as the price of an ounce of gold fell by nearly 10% in the last month.

Bill is traveling for the rest of the week, but fear not – we will muddle through without him. A good bit of activity in the markets since yesterday.

Investing bearish right now could help protect your savings.  And just like fellow contrarians have been telling you all along, Ted Peroulakis suggests you broaden your horizons into contrarian investments like gold and silver.

The GDP, gross domestic product, of any economy is the sum of all economic activity that occurs in every household, in every company, at all levels across the economy. So, if you buy a pair of jeans at the store there is a lot of GDP involved.