When the barbie dolls and others on financial TV talk about precious metals being in a bubble and talk in amazement at gold hitting a new 26 year high, mind you not even a new record high, there is a very apt reply:
How would you like your home to finally be worth more than it is today in 26 years time? Would you call that a bubble?
How would you like your take home pay to finally be more than today in 26 years time. Would you call that a bubble?
So stop talking nonsese about precious metals being in a bubble.
