December 29, 2009 · 6 comments
in GoldMoney, US dollar, commodities, gold, hedging, international stock market, investing, market trends, metals, mining, precious metals, stocks, wealth protection
As I write this in late December 2009, gold sits at “only”! $1104/oz., when just about two weeks ago it was at its all-time secular high north of $1200. Many correctly called what seemed to be, at least in the short-term, a “gold bubble.”
But I don’t think it’s wise to write gold off completely. Gold [...]
Is there a bubble in gold? Liz Weston thinks so. And if you talk to Matt at Steadfast Finances, he’ll be quick to agree.
I’d concede there’s definitely a boom or “bandwagon” effect happening with money flowing into gold right now, but I’m not convinced it can be called a bubble in the same way that [...]
