"And the way the gold bubble is inflating a large correction is probably not too far away."
We've just gone through a 10 month correctional/consolidation phase. Gold has had a stellar run the last month (USD price) so wouldn't be surprised to see a short term pull back (possibly into options expiry), but think the next few months will see a good run much higher. I think the 2008 correction was a once in a bull market type event and don't expect a sell off of the magnitude you are talking until the end of the bull market.
I am just a contrarian blogger...when the "Sell house, buy Gold" sentiment starts hitting the mainstream news sites, that is when your bubble would be forming/peaking...right now I see almost as many negative Gold stories in Australian media as positive.
