Stocks Yes, Gold No

Happy days are here again! Investors sent gold down to $877 an ounce in Asian and European trading. It's down $50 in the past three trading days. Meanwhile, the stock indexes are up. The Nikkei climbed 1.24% and the Hang Seng advanced 3.11%. Gold miners, of course, were down. Thus far European markets are up about 1%.

My Best of Funds has been under performing during the rally, but overall performance hasn't been terrible due to gold hedges and long positions offsetting losses in gold and gold miners. Still, it trailed the S&P 500 Index by 5% last week and 14% in the past two weeks.

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