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Web Comment Of The Day On Gold Potentially “Crashing”

18 May 2010 11 views One Comment

From Zero Hedge,

“Crash? OK, 20% correction brings to to about $1,000, there is your crash, so what. Gold is not in a bubble yet. Sure, everyone is talking about it and it ran a lot lately, but it is 24% above it’s 2008 high, that is not parabolic compared to 70%+ in stocks off their March lows. Why are metals always in a bubble and stocks never are? These are also the same idiots who thought real estate would go up every year, forever. I can make the argument that silver is a better investment, but one must do their own homework.”

One Comment »

  • 20smoney said:

    Check out my post from the other day comparing gold to other bubbles and see if you still think the same thing… thanks for the comment.

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