Cautionary Note In Motley Fool Article

It's by Amanda Kish, and it warns of real froth entering the gold market. She points out that, once an investment becomes popular due to its recent gains, the easy money is no longer there.


Ironically, gold's been on the rise this morning. As I write this post, spot gold's edged up to US$1136.40 despite the U.S. core inflation rate for November being flat. Today's action in gold gibes more with John Cassimatis' opinion that gold bottomed at $1,110.

However, this article at TheStreet.com says, "[a]nalysts expect gold to stay in a tight range of $1,110 to $1,140 for the end of the year as profit taking and bargain hunting restrict prices." If those analysts are right, we're seeing gold edge up to the top of a trading range right now.