it's been absolute doom & gloom for 9 weeks now! during that time gold hit multi decade highs, and then the smart money started dumping.trust me! now is the time to buy STOCKS and sell gold before the news turns to "glass half full" tone SOON and you see a 20% stock market rally.
regardless, gold has been THE investment for 2011, way up by a country mile.everything else is underwater. banks are down 50%.
you're correct, and as you should also know, when something is way up, and others are way down, it's time to switch! gold is done! over bought, too many people bullish on it, and stocks are in the toilet. time to buy stocks!