gold, page-83097

Everything has a bubble component to it. Otherwise, investors (especially speculative investors) would NOT be interested in them.

Property had its bubble: primarily due to foreign buyers and renters - especially the Chinese. But that is now changing, given the Covid situation. There are no foreign buyers and students won't be coming to Australia for at least another 6 months.

In Victoria alone, I am seeing price drop of 5 to 10% atm. It is expected to drop further: CBA is forecasting up to 30% drop.

Gold on the other hand is expected to go further up (refer to all the previous postings). That is, it is moving into "bubble" territory.

At some point, Gold will reach its apex. But not at the moment (IMHO), due to Gov around the world printing more and more money, and yields going negative.

As investor or trader, you should be flexible enough to change, should the situation changes. You can make money by going long or short - provided you got on the right wave.

The fact is, we live in a world that fluctuate between extremes. And it is those fluctuations (bubbles if you like) which provide us opportunities to make $.

Nothing is absolute in life. It is the "Risk Takers" who has the most potential to gain massively in life.