When its an investment opportunity and its advertised on television, I get a itchy trigger finger. It's time to sell. And, buy gold now ads, my friends, is pretty much funding CNBC and its little brother, FBN.

Well?

Well, I believe we are in a period of such fundamental economic transformation, lasting until at least 2016, that I think people will continue to want gold, to hoard gold, to overvalue gold. It may be a bubble, but it's one I think will continue for a while longer.

I'm the first to admit, though, that I don't much like this thin air.