Top Gold Market Analysis

Best of the gold market analysis: Our own, the ones we find interesting, from gurus like Jim Rogers or Marc Faber, and the ones we follow their work closely, like Wall St. Cheat Sheet. Missing an important piece here? Let us know and we'll include it.

Gold a Bubble or Not?

Monday, 28 June 2010 17:55

Here is a review of two different view points on direction of gold prices.

bearish

Macquarie Bank interest rate strategist Rory Robertson believes that after Australian house prices and US Treasuries, it's gold that looks due for a pop. His article titled Gold price a bubble waiting to pop is published at Sydney Morning.

It is the very nature of bubbles that drives prices well beyond what most observers see as reasonable. Accordingly, the price of gold over time could jump to multiples of its current elevated price, before reversing.

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