Let me start off with a morsel of clarification. I don’t hate gold. I own it, or more accurately, an interest in gold via gold mining shares.

Is there a Sword of Damocles hanging over gold’s head? Here’s why U.S. and IMF gold holdings aren’t as big a deal as some think…

In Globex trading yesterday, the New York boys went to work on gold almost the moment that the Comex opened for trading. For silver, it was just before the Comex opened.

Barely a comment on gold passes these days without reference to “investors”. A typical example of this was the comment of the prime gurus on the market research group GFMS in its latest survey just a couple of days ago. Since its analysts provide the data for the World Gold Council, it’s good to be up with their thinking.

Back in October – when gold was trading at only $770 an ounce – I told Money Morning readers that the “yellow metal” was looking like a very good bet