Reply to: How long before the Gold bubble bursts?

[Churchill]

The bubble will be burst when the number of small investors starts to tail off having sold their shares at suicidally low rates and invested that money into gold at the boiler-room scam price. Then the "market" will persuade the punters to sell the gold again when it falls and buy the shares when they're approaching the top of the market.

It's a far easier way of transferring the money of the gullible into the pockets of the rich than having to bother with all that pesky manufacturing of goods or selling services.

Just like when the ability to become a Lloyd's Name was opened up to the gullible...

Cooper sells Lonsdale Belts to finance Lloyd's losses - UK, News - The Independent

[scooterscot]

So all you're saying is that the gold bubble will burst when the gold bubble bursts.

If you spend too much thinking about the target you'll forget the objective.

Don't wait for the markets to say when you should sell. Set yourself a target and sell once you've met it.

[DimPrawn]

The bubble will be burst when the number of small investors starts to tail off having sold their shares at suicidally low rates and invested that money into gold at the boiler-room scam price. Then the "market" will persuade the punters to sell the gold again when it falls and buy the shares when they're approaching the top of the market.

It's a far easier way of transferring the money of the gullible into the pockets of the rich than having to bother with all that pesky manufacturing of goods or selling services.

You might be on to something. Gold will be high, stock markets rock bottom and then whoosh! All the little peoples money gone and the big boys have cleaned up, again.

[craig1]

The bubble will be burst when the number of small investors starts to tail off having sold their shares at suicidally low rates and invested that money into gold at the boiler-room scam price. Then the "market" will persuade the punters to sell the gold again when it falls and buy the shares when they're approaching the top of the market.

It's a far easier way of transferring the money of the gullible into the pockets of the rich than having to bother with all that pesky manufacturing of goods or selling services.

[DimPrawn]

Mine has almost doubled in the last 2 years, so it would have to go pop pretty rapidly to come out losing, and many have been in longer than that.

I hadn't been into gold in any significant way that long. Well done sir (and Milan too).

[TimberWolf]

Certainly is scary. I jumped off because the oil price looked similar, when it was about $145 a barrel and everyone said it would be $200 within weeks. Then next stop was $35 a barrel.

Who knows when it will go pop. Certainly not me, but I don't want it to go pop with my money on board.

Mine has almost doubled in the last 2 years, so it would have to go pop pretty rapidly to come out losing, and many have been in longer than that.

[DimPrawn]

Something's got to change soon for sure. If you look at the slope on the price graph over a long period, a year, 5 years, or even 20 years, the slope is getting steeper as time goes on, especially in recent weeks. For sure inflation can explain some of that, which is compounded and hence would make graph trend look exponential.

Gold Price Chart - Live Spot Gold Prices - BullionVault.com

Certainly is scary. I jumped off because the oil price looked similar, when it was about $145 a barrel and everyone said it would be $200 within weeks. Then next stop was $35 a barrel.

Who knows when it will go pop. Certainly not me, but I don't want it to go pop with my money on board.

[TimberWolf]

Something's got to change soon for sure. If you look at the slope on the price graph over a long period, a year, 5 years, or even 20 years, the slope is getting steeper as time goes on, especially in recent weeks. For sure inflation can explain some of that, which is compounded and hence would make graph trend look exponential.

Gold Price Chart - Live Spot Gold Prices - BullionVault.com

[Jog On]

After the next recession and when there are no more debt problems in Europe/US etc.

About 2025?

[Churchill]

Monday 11th February 2013 at 8.30am UTC

Over 12 months? Interesting. Personally I think it's going to go titsup sooner rather than later.

[DimPrawn]

Monday 11th February 2013 at 8.30am UTC

[Doggy Styles]

If predictions were so linear bets would be obvious and markets might be less heard like.

Should I assume there is a relationship between time and uncertainty? Nope, all I can do is assume variable change. At the moment VC is rampant. If VC increases more so I suspect the value of gold shall increase and vice versa.

So all you're saying is that the gold bubble will burst when the gold bubble bursts.

AtW thinks it will be sooner than that. Or possibly later.

[Churchill]

If predictions were so linear bets would be obvious and markets might be less heard like.

Should I assume there is a relationship between time and uncertainty? Nope, all I can do is assume variable change. At the moment VC is rampant. If VC increases more so I suspect the value of gold shall increase and vice versa.

Presto Ignoro!

It is done.

[lukemg]

Just after the very last naysayer gives up and admits it will keep rising....

[scooterscot]

So how long is that then?

If predictions were so linear bets would be obvious and markets might be less heard like.

Should I assume there is a relationship between time and uncertainty? Nope, all I can do is assume variable change. At the moment VC is rampant. If VC increases more so I suspect the value of gold shall increase and vice versa.