By Michael Weiser

NEW YORK (TheStreet) — There are two prerequisites to understanding this communication: a working knowledge of basic Yiddish terms and the belief that gold, above all else, is a contrarian trade driven by a healthy distrust of politicians and the fiat currencies they attempt to control.

It is facile and fashionable (not to mention alliterative) to dismiss such investors as gold bugs, but politicians and central bankers have done little to disabuse a growing number of us that we are, in any respect, wrong. However, for a number of reasons — not the least of which is a recent change in the political rhetoric — we are at what seems to be an inflection point in the gold trade, which likely will be determinant of gold prices for 2011 or at least until the 2012 election cycle gets into full swing.

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Originally from TheStreet