Of course not! You are the only one intelligent enough to think so deeply on something like this.......
Gold is useless (except for a few rare electric contacts or heat insulating uses), so technically gold is a bubble at almost any price. By the way Soros may well be short gold (or holds some puts). He isn't offering his advice as a service to community.
The dollar is useless (except for burning it for heat) so technically the dollar is a bubble at almost any price.
Soros hasn't had very many good calls lately...except for moving to socialism. I do think that gold will not go much higher than 1200 in the near term as I don't think we see any real economic growth in the next couple years. However, once we see growth in the world economy, gold will move higher...especially if the fed doesn't handle the dollar correctly by removing liquidity at the right time (which I am fairly sure they will screw up).
I guess I better sell all my gold and buy the equities. I just need to hope that the bigger sucker will be around when I am ready to sell.
Soros on Bubbles: 'When I see a bubble forming I rush in to buy, adding fuel to the fire.' http://blogs.ft.com/money-supply/2009/11/02/introducing-the-theory-of-reflexivity/