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12-28-2011, 12:44 AM
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27 posts, read 34,065 times
Reputation: 36
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12-28-2011, 01:02 AM
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Location: it depends
6,073 posts, read 5,679,199 times
Reputation: 5774
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Quote:
Originally Posted by NewYorkBiker
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Yep. One of the signs of a big-time bubble is when the naive start throwing money in with both hands, based on a bunch of tripe from a supposed expert. The video has a lot of rationalization, but no sound reasoning. The stampede will end up going over a cliff, as per usual. |
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12-28-2011, 10:02 AM
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10,259 posts, read 8,576,696 times
Reputation: 5279
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Unless you purchase the physical gold, and have it actually delivered to you, and not just purchasing contracts that say you own some gold, but not enough exists to fullfill those those contracts, then yes it is a bubble.
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01-02-2012, 09:26 AM
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Location: The Triad (NC)
31,396 posts, read 69,973,718 times
Reputation: 37504
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EVERYTHING is a bubble.
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01-02-2012, 10:26 AM
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10,259 posts, read 8,576,696 times
Reputation: 5279
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Unless you keep it big secret.
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01-02-2012, 12:24 PM
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Location: Metro Detroit, Michigan
18,119 posts, read 16,586,462 times
Reputation: 18075
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Quote:
Originally Posted by NJ Brazen_3133
Unless you keep it big secret.
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Than how do you expect the value of your asset to rise? |
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01-02-2012, 08:07 PM
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49 posts, read 59,753 times
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IS Gold a bubble? Probably not, but the price does not always behave as one might expect. I think it is difficult to make money in Gold. But the sam can be said about stocks as well
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01-02-2012, 08:09 PM
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28,900 posts, read 49,239,512 times
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It all depends on the political stability of the world.
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01-03-2012, 07:02 AM
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9 posts, read 13,262 times
Reputation: 16
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Yes, I agree with you that gold is not bubble because there is lots of fluctuation in price of gold which depends on hallmark and if gold is bubble then its prices never come back.
I rely on Accounting Services UK |
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01-03-2012, 02:29 PM
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59,400 posts, read 46,433,059 times
Reputation: 36852
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I shudder anytime I see advertisements aimed and joe blow to buy gold because of the *huge run-up*.
A lot of the same hallmarks of when they were pushing the dot-coms or before that the easy money flipping real estate and so forth.
If things calm down economically it will drop quite a bit and there are no dividends etc. in the meantime on physical gold.
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