I don’t invest/speculate in gold or oil either. I just don’t have a good feeling for them. In general terms I think gold does well in times of immense stress, either inflationary or deflationary. If the stress or appearance of stress continues golds price will stay high. If not it will drop. I also have a general feeling that oil will come down. It always does, but the timing is impossible for me to guess at. I stay where its pretty safe, shorting financials and home builders, plus a few odds and ends.
Small plug: investing in gold/commodities is what Rich does for me.
