Since I started my first blog, the price of gold hovered around the $800 to $900 range. Now with my second and newest blog, gold has rapidly approached $1300. Is it a bubble? Is it justified? I can still recall all the media articles written last year about gold: which way will it run? Now we know, and it makes sense. The US spending spree, the relative weakness in equity markets, puts gold at an all-time attractive price. We'll see where it moves.
And you're wondering about the relevance of the price of gold to my blog? If this blog is to be about directions, then the direction of gold is certainly relevant, as is the price of oil (which is in the $75-$76 dollar range right now).
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