GOLDBUGS AMEX Goldbugs Index (GOLD)

[al44]

RB- I've never been much of a chartist. I probably only know enough to get me in trouble. I go with fundamentals more than anything. Over the years, I've seen too many chart says this and chart is bullish only to see a stock tank. I've played them and lost more than I've gained. If I'm trading I have done far better playing momentum. However for strictly investing and by that I mean longer term stuff not day trading or swing trading, I have rarely been burned by studying the fundamentals. That's why I am currently holding more than half of my investments in gold and silver. I've been shifting steadily since 2001 and will continue to accumulate. Fundamentals are getting stronger with every extra dollar, euro, pound and all other currencies printed to inflate our way out of the current situation. I'm sure that the charts are showing something similar long term.

........al