Gold's Prospects Rosy in 2011 but Pitfalls Abound

Here’s a good example of the support of gold through the analysis of doubt. In other words, it's all good but watch out its not safe! Those lacking the ability to challenge the flawed assumptions presented as fact will have trouble overcoming the doubt. Meanwhile, the operators quietly pick their pockets with a smile and periodic commercial revealing the long-awaited return of the McRib sandwich. The secular gold bull will be over when the talking heads, numerous ‘experts’, and finally the public at large no longer see any “pitfalls.” If you cannot read the game, you cannot play it.

The second half of the year is harder to predict, with one potential setback coming in the form of surging interest rates in Europe and the U.S., he said. Much higher interest rates would push investors away from gold, which bears no interest, pays no dividends and thus carries an opportunity cost.

Source: finance.yahoo.com