"We hear that gold is in a bubble, it can't rise much further and so on," content resource experts Mary Anne and Pamela Aden.

The co-editors of The Aden Forecast explain, "Many wonder, why is it even rising so much? For that, you have to look at history from a global perspective and it'll provide the answer.

"We've often pointed out that gold is money. It has been for thousands of years. Paper money is not really money and there isn't one paper currency that has survived over time.

"Important market bottoms are often very sharp and quick; long term tops, on the other hand, are typically more muted," says Curtis Hesler. "They usually roll over. As prices weaken, the Street - not yet bearish - will buy into initial weakness. This can cause volatile choppy action not unlike what we have seen over the last few weeks."

The editor of the Professional Timing Service continues, "The averages are sporting oversold readings, which you can see from the McClellan Oscillator chart below. However, bear markets tend to get oversold and stay there.

"Upside rallies will be brief and muted. Bottom line, we may see more erratic trading, but all the evidence points toward the next sustained trend being lower for financial/paper assets.

This post is part of a special report, Top Picks for 2010, the 27th annual survey in which TheStockAdvisors.com asks the nation's leading advisors for their single favorite stock for the new year. See all 80 stocks listed here.

"While my primary focus is on the international financial markets, it's the glint of gold that has caught my eye for 2010," says Martin Hutchison.

The contributing editor to both Money Map Report and Money Morning, explains, "Gold -- or mining companies like Eldorado Gold (EGO) -- an especially compelling investment for 2010."

With gold and silver prices testing new highs, we turn to several leading resource experts -- Mary Anne and Pamela Aden, Mark Skousen and Larry Edelson -- for their favorite plays in the sector.

In The Aden Forecast, the Aden sisters explain, "Gold and silver recently moved well into record high territory, and it looks like they are poised to head even higher.

"Most impressive, gold's leading indicator still has room to rise further before it reaches the high area. This tells us that gold's current C rise is very strong and it's now likely headed to our next target level near $1200. Meanwhile, December gold will remain super strong above $1,020.

Eldorado Gold (AMEX: EGO - option chain) shares are rising today as gold futures have tagged another record intra-day high today. The front-month October gold contract is currently at 1,060, but was as high as 1,068 earlier this morning. If you think that the stock won't fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on EGO.

EGO opened this morning at $12.48. So far today the stock has hit a low of $12.13 and a high of $12.48. As of 12:00, EGO is trading at $12.53 up 46 cents (3.8%). The chart for EGO looks bullish.

"Gold has yet to take off in true bull market fashion, but its chart suggests that it's coming," says Mary Anne and Pamela Aden.

In their top-notch The Aden Forecast, the resource experts discuss the outlook for gold as well as some of their favorite mining stocks for investors to consider.

"Considering that the Summer months tend to be slow months, we could still see some short-term weakness.

"More important, however, is the bigger picture as gold is poised to rise during the second half of the year." Here, they discuss their outlook and some favorite ming stocks.

Despite the U.S. stock market's recent run up, the decline in the U.S. dollar and inflation fears have investors searching for safety in these uncertain times. A popular strategy that has emerged is to hedge market and currency risk with commodities, namely gold, oil, and uranium. What specific stocks and investments in these sectors are likely to outperform?

ETFs like the US Oil Fund (NYSE: USO) and the SPDR Gold Shares (NYSE: GLD) will obviously track any rise or fall in these commodities to a T, but perhaps individual companies in these sectors are a better fit for you. Below are some industry giants, as well as speculative plays that are also drawing attention from investors.

Mary Anne and Pamela Aden are among the advisory world's top authorities on metals and resources.

In a recent Q&A session, the editors of The Aden Forecast answer the most common questions that they are asked by readers as to the current state and future outlook for the precious metals markets.

In addition, the sisters answer what they say is the most frequent question they receive: "What is the best way to buy gold." Here, they offer a review of five strategies for investing in gold, including their top picks among stocks, closed-end funds and ETFs.

"The technical picture for gold is getting better by the day," says Eric Roseman. In his Commodity Trend Alert, he notes, "The last 16 months have been painfully boring for gold bugs. But every asset class has its day, and right now it's time for gold to shine once again."

The advisor considers Eldorado Gold (ASE: EGO) a speculative favorite. He explains, "Eldorado Gold is a $1.7 billion dollar company with operations in Brazil, China and Turkey. Management is strong, and despite a recent political spat with the Turkish government in July, earnings are booming."

He continues, "The stock is a perfect addition to our mining portfolio because it earns a net profit, has tangible reserves and has boosted its free cash flow."

In August, he observes, EGO reported strong Q2 results with net income rising to a record $26.7 million dollars, or $0.08 per share compared to $0.00 a year earlier. He states, "During the second quarter, Eldorado sold 112,702 ounces at an average price of $664 an ounce – one heck of a healthy margin."