Rubini says Gold in Bubble! Correction coming. Market, Silver, Gold update Wednesday 12/16/09
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the gold bubble can not burst untill the usd bubble bursts because of inflation
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LOL. Ya. Pay that tax. Cause that's all you're doing. They're robbin you blind.
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Gold ???? there is only 6.5 billion ounces in exsistence!
Does anyone really think that everyone is going own one ounce a gold per person on this planet!
The world population 6.8 billion
goverment stock piles world wide 5.8billon ounces?
Not enough gold to go around , no fear of bubble here!
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We are currently in a correction for pm prices. Gold is overvalued when compared to silver and even palladium, platinum.
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I don't think gold is a bubble.
However if there is ever a facing up to quantity of bonds (national, municipal and corporate) where the capital will NEVER be repaid and the interest cannot be paid.... then there will a colossal drop in the markets and a deflationary liquidity implosion.
Then there will be drops in precious metal prices as forced sellers liquidate the assets they are able to (as opposed to illiquid asset classes that won't find buyers).
Prices might take a while to recover.
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Holding Dollars is the real bubble
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gold and silver WAY down today, huh, lets see what happens at the begining of the year
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All so right!
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President Obama predicts US Bankruptcy. Check this out on Jberni1 Youtube site.
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I will be a bull market in gold when burnanki is hit by the bull........
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LOL....Roubini has a stelar track record when calling gold... I don't think he's ever been right... He's bought & paid for, like the other shills
frontier1701 2 years ago 4
Gold is the opposite of a bubble...its an UN-BUBBLE!
The furthest thing from a bubble...it isn't even at inflation adjusted prices.
lol...folks, if your brain still works and you can afford it, buy SOME.
If you can't afford it, buy silver.
The writting is on the wall, use your common sense and don't listen to the shills on TV.
doobsta 2 years ago 4