Gold Is Not Just Another Metal:[/url]SPDR Gold Trust Vs. PowerShares DB Base MetalsGold is not [url=http://www.investing.com/commodities/palladium]palladium, a flipped over version of which (weekly (NYSE:PALL)-Gold) gave us a DOWN signal months ago.[/url]SPDR Gold Trust Vs. ETFS Physical Palladium SharesGold is not just another commodity:[url=http://c3352932.r32.cf0.rackcdn.com/content/picce26a3721264903baef0845b0912442b.png]SPDR Gold Trust Vs. DB CommoditiesGold is much different in its best investment environment from the things previously promoted to have been beneficial for oil:[/url]SPDR Gold Trust Vs. U.S. Oil Fund[url=http://www.investing.com/commodities/silver]Silver is not gold either. But it’s much closer, which makes it a sensitive component of the metallic credit spread (Hat tip, Hoye) to economic, financial and monetary events:[/url]SPDR Gold Trust Vs. iShares Silver TrustAnd of course Gold vs. US Stock market, making a move but still technically in a big picture downtrend:[url=http://c3352932.r32.cf0.rackcdn.com/content/pic6eb17b706eab125733a2adf848abf8b3.png]SPDR Gold Trust Vs. SPDR S&P 500Gold vs. (NYSE:HEDJ):[/url]SPDR Gold Trust Vs. WisdomTree EuropeGold vs. Yen-hedged Japan (NYSE:[url=http://www.investing.com/etfs/wisdomtree-japan-total-dividend]DXJ):[url=http://c3352932.r32.cf0.rackcdn.com/content/picb12bbabaf3dae6b0046752ddaa0686b3.png][/url]SPDR Gold Trust Vs. WisdomTree JapanGold is none of these things, because gold does not do anything other than sit there as a solid, pretty rock that irrational humans have alternately over obsessed upon and ignored for long stretches. That is what makes it a marker or barometer. Its very lack of utility and income distribution make it the anti-asset. In that resides its value when the levered up games start to unwind.Other than that, I have no strong opinions on gold
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