CONSOLIDATION CONTINUES SAYS ROSLAND CAPITAL’S SENIOR ECONOMIC ADVISOR JEFFREY NICHOLS

NEW YORK (July 19, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead: Gold prices have fallen sharply in recent weeks from their all-time high over $1265 on June 21st in New York.  Faint-hearted gold investors need to remember that bull markets never move straight up.  When they do, it's called a "bubble" . . . and bubbles do burst.  Instead, this market is moving up just like we predicted: in a stepwise pattern with volatility and big corrections and big