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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 386.01+1.6%Nov 12 4:00 PM EST
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To: Haim R. Branisteanu who wrote (58508)12/1/2009 1:46:30 PM
From: benwood1 Recommendation  Read Replies (2) of 217734
 
I think if it hits $2500 then we would look back to this stage of the gold bull and say it was the formation of a bubble. But it ain't a bubble yet. The environment is in no way like 1980, which I experienced first hand. Nearly zero signs have repeated.

Frankly, the fewer believers, the better. The current state of the gold bull reminds me more of the Nasdaq in early 1997.
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