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baselineace (53.37)

Gold bubble may have another year left

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October 15, 2010 – Comments (3) | RELATED TICKERS: GLD , IAU

FT markets editor James Mackintosh compares the current gold bubble to other famous bubbles of the past 100 years. 

"At the moment, most investors probably aren't playing this as a bubble, but they should be," he said.

3 Comments – Post Your Own

#1) On October 15, 2010 at 7:14 PM, RonChapmanJr (93.18) wrote:

Thanks for all the analysis supporting this position.

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#2) On October 15, 2010 at 10:24 PM, loverandfighter8 (< 20) wrote:

There is no gold bubble, what we have is a dollar/treasuries bubble.  All you are seeing right now is the smart money moving into precious metals and driving them somewhat higher.  Just wait until the rest of the population catches up, then the price of gold and silver will rise astronomically.  Think about it, during the last bubble, everyone from your mailman to your barber was telling you about great deals on Real Estate, there were even shows on TV like "Flip that House", etc.  When was the last time you heard anyone on the street just casually talking about the great deal they got on some Gold Maple Leafs?   

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#3) On November 04, 2010 at 5:06 PM, baselineace (53.37) wrote:

Real estate, unlike gold, has an actual function, and will always be a good secular investment as long as there is some degree of inflation.

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