Exactly Bingle.
The bubble if anything is in Apple with its US$550 million market cap, not gold.
And of course the US dollar and the US dollar bond market.
Come on Skol. Look at this chart of Apple over the last 10 years. Using your definition of a bubble surely this MUST be a bubble, NOT gold.
Over the last 10 years the Apple share price has risen 60 times in price, compared to gold's paltry six and a half times!!
There's no way gold is in a bubble. But Apple ... that's a different story.
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