ultimate bubble is paper money, page-6

Play2win

"If gold hit $10,000 an ounce today what would the holders of gold do? Trample over each other in a stampede to convert it to paper maoney".

No they wouldn't, they'd be posting how they were correct all along and that gold was going to $25,000 oz and higher, the mania would be unbelievable, worse than the tulipmania.

In a bubble, very, very, very few get out in time before the carnage impoverishes them.

They'd be seeing every pullback as time to 'top up and buy it cheap', just like you see here, day after day, until it was too late, the dreaded reality hitting home that the top was in and everyone was selling and gold was dropping like a brick.

They'd be mortgaging their houses and throwing everything at it, just like 1987, until the chickens finally came home to roost.