GOLD 0.51% $1,391.7 gold futures

I have to agee that it is possible to see similarities between...

  1. 453 Posts.
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    I have to agee that it is possible to see similarities between the 2000 - 2012 POG chart and the "typical" bubble.
    Trouble is charts are so easy distorted by the scales and time range you chose - so it's not certain.

    I don't think we've yet seen widespread "Public enthusiam, greed & delusion" annotated on the bubble chart - so I suspect it's actually still well before the top. But on the other hand I wouldn't bet more on that than I'm prepared to lose!

    For sure we'll find out as time goes by.

    (I don't have any physical but do have shares in a producer and a hopeful.)
 
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