Not sure which bull market you reference but seems to me the gold bull pales into relative insignificance when compared to the behaviour and valuation of various frothy equities, bonds and some (but not all) real estate markets ?
It's 'risk on' again at present apparently and we'll see how long that lasts in this fickle debt ridden, highly leveraged Casino where prices are driven by Big Money insiders, speculators (you're one of them apparently) and vested interests. Don't worry about the misallocation and productive effects of the deployment of capital, the price of risk and discovery, moral hazard, stampede of desperate yield chasers etc etc. All largely created by artificial QE and stimulus, suppression of interest rates, bailouts of selected interests in the unsustainable experiment of the last decade or so. Just to keep the game going a bit longer to stop it all collapsing in on itself like a house of cards and of course to further cement and enrich the uberwealthy.
This is only Chapter 2 of the ongoing GFC.
'Free' market capitalism ?
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