is this the chart of a 'bubble'?, page-11

Depends what chart you use.

This looks like a bubble to me, and it's still headed south.

I'm grateful I haven't got any of my cash in it, but from a psychological point of view I know it's difficult to accept that you're wrong.

Loss aversion is twice as powerful as gains, it's normal human behaviour.

The 'greater fool' who paid $1920 is probably still banging away on some website trying to prove he's right and everyone else is wrong.

www.kitco.com/scripts/hist_charts/yearly_graphs.plx