Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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To: GROUND ZERO™ who wrote (23958)	8/22/2011 8:32:49 PM
From: Jopps	2 Recommendations Read Replies (1) of 219731

The talk of the Gold bubble is hogwash. When bubbles burst (such as the dotcom, real estate bubbles), it takes many, many years or decades for the prices to get back to bubble peaks. Think about 1980 and the silver bubble, we're only now approaching similar prices (and that's not accounting for inflation). THOSE are bubbles. Can anyone here honestly say that gold will not surpass $1900 within the next few years even if we corrected down to $1400/oz? That's why the silver spike we had earlier this year was not a bubble, the prices got a little frothy, and what followed was a correction.

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