g soros says gold ultimate bubble/v risky, page-3

  1. 187 Posts.
    In a way I agree with soros that gold is the Ultimate Bubble. But in the sense that it is the last bubble standing, by the time everything has collapsed and all assets are rushing to be converted into gold, yes, it will be the mother of all bubbles. But we are far from point.

    Gold prices so far have rise in a steady fashion since 2001 ... Until you see that 'Hockey Stick' pattern shooting 90degrees north on the chart, gold is nowhere near its tipping point.

    At this point, gold is only catching up to its inflation adjusted value.
 
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