bubbles and gold My view only:Uranium bubble, oil bubble...

bubbles and gold My view only:

Uranium bubble, oil bubble (possibly), credit bubble, stock bubble, property bubble, copper bubble..........

Many bubbles around. But the one commodity that is not in a bubble yet is Gold. It has not even reached all time high yet so it cannot be in a bubble.

Fundamentals for gold are good but it can go beyond fundamentals and move into a bubble. It's not there yet. If there's a frenzy for gold and gold shares we'll see LHG at close to $10, BDG at $5+ and so on.

For those people looking for the next bubble (after uranium) I think it'll be gold (and possibly silver).

the one thing that can stop gold, and it's always a possibility, is a sudden 50bps (or more) rate hike by the Fed to stop the US dollar slide.