Tuesday, January 4, 2011

Is there a gold bubble?

Gold is selling for more than $1,400 per ounce and not long ago was less than $400 per ounce. Why has gold prices risen so sharply in recent years? I think there is a gold bubble and if I had gold I'd probably be selling, but I don't have any real gold to speak of. I don't think I would be selling to those "Buy Gold Now' places, but I certainly might look to. Well I just wonder is there a gold bubble and when will it pop? Gold is extremely malleable so it may be a while before this bubble bursts, some even think gold may hit $2,000 this year ... I say to invest in gold at your own risk!

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