This is my feeling. Had I been listening to some analysts, I'd have sold all my gold off below $900.00 because they anticipated a 10% correction. However, gold keeps on going and now if it corrects 10% I'm still probably ahead of where I would have if I had sold then.

What's more, with the exception of TDC most of my gold holdings have been catching some fire. There's less pessimism in the market. The fed has confirmed it's commitment to liquidity and not to fighting inflation. Rates are expected to drop to less than 2 percent this year while money supply increases. This is starting to both put confidence in investors that the the credit crisis is being delt with and nearing an end and that markets will rise but all the while with increased inflation.

So what's an investor to do? Put their money into bonds that collect 2% while inflation runs 4 or 5 times that or more? That's a losing game.

Commodities are the only way to hedge inflation and commodities market is starting to show a "massive bull trend".