Mon 28 Jun 2010
Picture du Jour: Is gold in a bubble?
Posted by Prieur du Plessis under Gold, Investment
1 Comment
Many “experts” remain skeptical about the performance of gold bullion and often contend gold is in a bubble. The chart below, courtesy of Casey’s Daily Dispatch, casts some light on whether the barbarous relic is displaying bubble characteristics. You be the judge …
Source: Casey’s Daily Dispatch, June 23, 2010.
Meanwhile, from across the pond, David Fuller (Fullermoney) commented as follows: “… my guess is that we may be no more than approximately halfway through gold bullion’s secular bull market. I remain somewhat cautious about gold’s short-term outlook but I am a long-term bull.”
Stick around – there is no fever like gold fever!
More on this topic (What's this?)
How to Buy Gold for $100… And Get $200 Back (Investment U, 7/6/10)
One of the Most Bullish Indicators on Gold I’ve Seen (Red Hot Energy and Gold - Global..., 6/7/10)
Don’t Buy These Gold Stocks (Learn Mining News, 7/2/10)
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![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_4.gif)
June 29th, 2010 at 3:33 am
What does the chart look lIke adjusted for inflation? Gold will likely succumb to the deflationary forces.