Goldfinger, the James Bond villain, is probably turning over in his grave. Ever since the price of gold hit a 25-year high of $574.60 earlier this year, the precious metal seems to have hit a roadblock. It has been fluctuating, while failing to signal any discernable trend other than to occasionally spurt on a rise in the price of oil or some new international worry.

This recent lethargy caught the eye of a concerned reader, Helmut Lindt, who sent this e-mail: "Dan,you wrote a favorable column on gold a few months ago, but the metal seems to be stagnating now. Are you still of the same bullish frame of mind? I own some gold shares and would appreciate your thinking."

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