Here is a chart that I found at http://www.kitco.com/charts/livegold.html that shows Gold prices over the last 10 years. Are we looking at a Gold bubble?
I believe a number of people are advocating the purchase of gold for security. Is this similar to the way homes were being sold? Consumers were purchasing homes thinking Home values never go down, they are secure. With what we have seen over the last few years we know that that is not true.
Share your opinion if you want.