Going for the Gold...

Everyone wants to finish 1st and get that gold medal. That greatly coveted piece of earthly rock material is something that everyone wants a piece of now! Whether you are an aspiring athlete, or an Olympic runner, or even an investor or traders, you want a piece of that gold! Well if you are a commodity's trader, you can buy the price strength of the actual material. If you are like me, and you believe that the price of gold is going to continually rise because of our current econmic conditions, well then, you are already thinking ahead of the next guy. Believe it! Just like oil went from $35 to its current level, gold will eventually hit $500 - 550 an ounce! Sounds crazy, I know. But think about it. Inflation is increasing and interest rates continue rising! The fed can't stop raising the interest rates. It is in these economic conditions that gold becomes favorable! Investors want an avenue that will hedge their investments from the detrimental effects of rising interest rates! They can't run over to retail and bury their money there (unless they put it in CHS or GES) and they certainly won't put it in mortgage companies and REITS, or thru home buying! So besides oil, and a handful of tech and healthcare stocks, where are you going to park your money? In gold of course!

So what should you play? Here are some favorites:

GG
GLG
RGLD
BVN