>So is gold in a bubble now? Maybe - it looks like it could be (although we do have some healthy periods of consolidation this time) but it's got to fall a long way and probably suddenly (to around 350-500)
Sorry theiain1 but that is just a load of rubbish. If gold were to fall to those prices almost ALL gold mines would shut down immediately globally as almost all mines would be running at a loss.
Yes gold will drop at some point when it is in the 5 - 10 thousand dollar range although who knows. I've heard of price calls for much higher prices than that and I tend to think that anything is possible in this day and age.
