Has Anyone Else Noticed That Gold Has Been Garbage?

Has anyone else noticed that gold has been garbage for months now?

You’d think that with a weakening dollar (against other major currencies) and uncertainty out the wazoo in Japan, Europe, and the Mideast, that gold might be able to catch a bid.

But nope, not really.

Here’s a look at GLD (the big gold ETF). It’s basically right where it was in Mid November.

Of course, silver is doing much better.

chart

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