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Housing Bubble vs. Gold Bubble


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2011 May 18, 12:53pm   7,710 views  51 comments

by HousingWatcher   ➕follow (0)   💰tip   ignore  

Housing:

Gold:

Is history repeating itself?

#housing

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51   uomo_senza_nome   2011 Jun 8, 4:43am  

state says

you mean when there are commercials for goldline on fox news and there is a gold buying store in every mall? and there are gold vending machines?

lol goldline on fox news has been on like forever..so i don't really look at that as a signal...I would be looking for signals just around me...so many people don't even understand why gold is the asset to be in right now..when everyone starts to 'get' the reasons and this tsunami of capital starts flowing into gold, it will get overheated.

there will be a bubble, but it is not right now. An excellent quote recently by a smart investor:

"The only gold bubble likely to burst is the bubbling ridicule of gold." - Don Coxe, BMO Financial.

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