Is the Gold bubble bursting soon?

gold bubble

Many are wondering if gold prices will continue to climb upwards or burst like a soap bubble. But one should consider how gold fared with the previous 2 bubbles – tech mania in 1990s and housing bubble in 2005/6.  Tracking its trajectory, gold seems to be moving along the same direction like the tech mania and housing bubbles. In comparison, gold at this point in time is not at its peak.  If you look at charts you will find that we are gathering momentum into the third and final phase. Some may want to move their money into the market now before we hit the third phase, as the third … [Read more...]