Everyone’s talking about a “gold bubble” again and how its bursting will wreak havoc on those foolish investors who succumbed to the lure of tulips, dotcom stocks, housing, and now … a shiny yellow metal. But, the funny thing is, this latest bubble seems to keep bursting and re-inflating – unlike other bubbles that stay burst – and the most recent price increases still haven’t surpassed that seen either two years ago or four years ago.
An odd “bubble” indeed and the reason why, here, it’s called the “Recurring Gold Bubble”.
