The difference between a gold producer and some (most?)high tech...

The difference between a gold producer and some (most?)high tech enterprises, is that golds have always had a saleable item.

The high techs often didn't produce anything that anyone needed or even wanted. The bubble it seems to me was pushed by nerdish type technical people and the greedy who were taken for a ride. (Of course some of the greedy did very well.)

Just too many over optimistic entrepreneurs got into something they obviously knew little about in terms of market potential and hence viability.

If there is a gold bubble,its dynamics are markedly different from the high tech bubble in that a crash in gold is unlikely to be as profound and sudden as the recent high tech crash. ie. gold stocks are unlikely to fall from ten or more dollars to a few cents.