Good points HappyCats. And when skol talks bubble we should remeber as you just jntimated that the action when reaching near US$1900 was in fact fairly ordsrly compared to 1980.
Back then gold rose a massive 50 to60% in just a couple of days, that is what is described as a bubble blow off top and it retraced back down as fast by the same extent.
This wasthe taxi driver telling one to buy emotion.
I suspect to some degree due to his vehemence and hatred of gold that our ole Pal skol was excited and loaded up in 1980 on that very top.
