Ignore the naysayers â gold is not in a bubble
Gold's headed for a bubble, but it's not there yet
We've heard it all before. Gold was in a bubble two years ago when it hit $650 an ounce, and before at $500. Gold will hit bubble territory one day but we are not there yet.
This bull market, which began in 2001, is now some eight years old. We are beyond the stealth phase and into the awareness phase.
Institutions have woken up to it, investors have woken up to it â but not all of them. We are not at the mania phase yet, there is no "new paradigm". That will come in several years' time - perhaps as governments and central banks start to talk about returning to a gold standard or similar.
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i think peilthetraveller will like this post.
can i ask debaser which newspaper do you work for. i think you might have told me before but i have forgotten.