Opinion on  Royal Gold Inc. (RGLD)     Sector: Basic Materials  >  Industry: Gold & Silver
leading to the upside

Many people say that the dow is headed lower as lower corporate earnings come out and the economy worsens. this is true, but depending on your timeframe you may be wrong. for the short to intermediate term, i expect the government to continue QE. this has been pushing the $USD lower and supporting higher market prices. i expect no serious intervention by government in regard to financial regulatory reform anytime soon, so we may see a much higher DOW in 2010.

leading the market higher, will be commodity related shares (things to hedge against inflation ie gold), and technology companies that export to other countries (chips, iphones etc).

draw some trendlines on RGLD weekly chart and you'll see a nice pattern.

does anyone still use social picks?? still seems a little buggy :P