Growth Kills Gold

Gold (GLD) prices continue to fall lower as stocks head higher. Why's that? Consumption and growth. We're seeing a ton of consumption and growth as evidenced by last week's jobs data and the housing market and stock market. There's lots to like. As for gold? It'll continue to fall in price as we recover - we feel sorry for those that bought it at the top.

Growth Kills Gold - YTD GOLDchartmay