GOLD 0.51% $1,391.7 gold futures

is it official? gold & silver were bubbles, page-9

  1. 12,639 Posts.
    >Bearing in mind the PM's have benefited immensely from these bubbles.

    It all depends on what you define to be a bubble YC???

    If we can assume for a second that growth has been a bubble due to cheap and easy debt then I agree with you.

    I agree then that commodities have had a fantastic run over the last 10 years and small to mid cap stocks in commodities have had spectacular gains.

    Now on the other hand I can't however say that I have seen any spectacular gains in PM's.

    Was there a bubble? Heck yeah!

    Not in PM's though.

    There will be a time way down the track that we will be in bubble territory however we are a VERY long way away from seeing that.
 
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