Is now a good time to accumulate gold?
"The important thing to know about gold is that it is in a primary bull market. The monthly chart below shows the path of gold along with a blue 50-month moving average and a red 200-month moving average. The red arrow marks the 'golden cross-over' where the rising 50-month blue MA crossed over and above the rising red 200-month MA. The crossover occurred in May 2005. I took the monthly crossover to confirm my thesis that gold was in a long-term primary bull market. Note that the two moving averages have been rising ever since the crossover. Note also that, significantly, gold has held above its 50-month MA ever since the May 2005 crossover."