Gold

Multiyear Select Gold resistance chart:

The above chart displays the current Select Gold roadmap.

Gold Stock Percentage Premium
The above chart compares Select-Gold, XAU and Comex-Gold.
The curves are plotted on a percentage basis, so the premium
that the Gold stocks enjoy over bullion may be compared over time.
The chart shows when this percentage premium shrinks to the bullion
level, a strong Gold stock rally follows.

The below chart displays Gold Sensitive Funds and Indicators.
FSAGX, XAU, CRB, US$ and Comex-Gold Chart

Multiyear XAU Gold Index Chart.
XAU Chart

The below XAU Gold & Silver Index Chart shows the "Gold Stocks"
volatility and trading range.
XAU Gallery Chart

Gold and Multiple Time Frames Comment

What About Gold?( 01/31/05)
Richard Russell When asked "What about gold in this environment of gradual inflation?",

Russell replied that he never worries about the price of gold. Gold is real money, he points out, and at some point in time it's going to skyrocket in price, taking gold stocks along with it.

Russell believes that a person should decide on an amount of gold that's right for them, buy it and then forget about it. It's like an original Picasso or an autographed letter from George Washington: you just keep it, knowing it represents the safest part of your wealth, knowing you can will it to your children or grandchildren.

What Russell does worry about is dollar denominated assets, because in a primary bear market like the one that is getting underway, everyone loses; the winner is the one who loses least.

A Christmas Card From James Grant

Richard Russell Russell discusses James Grant's views on what an investment in gold really represents. It is not, he says, a commodity to be bought and sold in hopes of turning a profit. You don't own real money to trade; you own it because you appreciate the inherent weaknesses of fiat currencies.

History shows us that, eventually, all fiat currencies fail. The US dollar is set to become the next casualty, although it may take a few years to dwindle away to worthlessness. One way of prolonging the dollar's life is to spend less and save more, a sure-fire recipe for recession, and something the Fed wants to avoid at all costs.

To that end, they will continue printing dollars and inflating away their value. And there it is - the real reason for owning gold.

http://www.selectsectors.com/russ122904.htm

The Merk Hard Currency Fund ( MERKX ) is a no-load mutual fund that invests in a basket of hard currencies from countries with strong monetary policies assembled to protect against the depreciation of the U.S. Dollar relative to other currencies.

Franklin Templeton Hard Currency Fund
( ICPHX )
( This is another way to defend against a
U.S. Dollar Decline)
ICPHX Chart

Another approach to defending against the decline of the U.S. Dollar is to invest in nondollar-denominated securities, such as Fidelity International Small Cap(FISMX), Dodge & Cox International Fund (DODFX) and Vanguard International Explorer(VINEX).
Checkout their performance chart:

The above is for information only and is not a recommendation.

Sharelynx Gold ( Gold Bull Market )

ShareLynx Gold ( Free Charts )

ShareFin Gold Lease Rate Charts

Kitco Gold Lease Rates

Gold-Eagle Gold Fund Index

Great Gold summary from the Privateer

From the Privateer
Gold Charts in Euro, Aus. Dollars, U.S. Dollars, and Yen.