GOLD 0.51% $1,391.7 gold futures

Another cherry picked article... Stating that 'gold fever' makes...

  1. 191 Posts.
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    Another cherry picked article...

    Stating that 'gold fever' makes people blind and crazy is of little value.

    Any kind of mania makes people blind and crazy, so it's not something that's unique to gold.

    You can say the same thing about bitcoin or about the genius who pays a million dollars for an apartment in suburban Sydney (which was about $350k 3 years ago) because he thinks it'll be 2 million dollars in no time.

    The difference is that gold is not currently in a bubble but your beloved real estate is in the mother of all housing bubbles!
 
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