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Gold becoming a bubble?

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8 REPLIES 8
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Super Contributor
Even Goldman Sachs Secretly Believes That An Economic Collapse Is Coming... http://tinyurl.com/3e3mtrh
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Valued Contributor
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Super Contributor
Is it wise to short the gold shares ? What if the rand weakens and the gold price falls at the same time ?
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Not applicable
what if it doesn't?
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Super Contributor
Roubini, the same economist who toldus gold was in a bubble at 1100 and those that thought it was going to 1500 and 2000 had no idea what they were talking about. I dont know why people still listen to these guys. *yawn*
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Super Contributor
It's called confirmation bias.People look for anything that confirms their beliefs/wishes.
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Regular Contributor
Russ - quite right and at times we are all like that if we're honest.
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Super Contributor
Gold following money supply and sentiment, so gold pop = money supply & sentiment pop? Markets also following money supply & sentiment, so will markets also pop? Algorithm almanac appears to have no such scenario to back test. Send for a mathematician!
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