GOLD 0.51% $1,391.7 gold futures

frontline evidence-nowhere near a gold bubble, page-6

  1. 11,173 Posts.
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    G'day Skol, hope you had a good trip and it's great to have you back.

    Gold is not in a bubble & there's no point trying to kid us it is.

    It'll be in a bubble when there's gold fever raging: when a. you and your mates buy b. when it's somewhere up around 1:1 to the Dow again in a few years (like in 1980, history repeats), and the Dow will be well north of 20,000... c. when it's on the news all the time, talk of dinner parties, everyone's asking everyone else how much they have and what stocks to buy, when people are pulling their teeth out to cash in etc d. when the graph goes parabolic (the run to 1925 was just a taste of what's coming, stage 1, we're at the start of stage 2 now, to legend Alf's $4500, then correct5 to about 3000, then stage 3 starts (and the fun, lol).

    Seen any of that yet?

    Cheers



 
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