GOLD 0.51% $1,391.7 gold futures

gold: the ultimate un-bubble ...

  1. 24,765 Posts.
    .... gold is the opposite of bubbles. It is the inverse, the recipient, the beneficiary of "frothy air" that escapes at lightning speeds when bubbles pop. It has already capitalized on the demise of two bubbles this decade. And it is now about to absorb the froth spontaneously expelled by two more, the two biggest bubbles the world has ever seen...

    Two Historic, World-Class Bubbles are About to Pop

    Bubble #1: Government Debt (with a nominal value in the tens of TRILLIONS)

    Bubble #2: Perceived Wealth, denominated in purely symbolic, un backed, unsustainable-Ponzi-debt-based currency (with a nominal value in the HUNDREDS of trillions)

    The full article, a great read, is at http://fofoa.blogspot.com/2009/12/gold-ultimate-un-bubble.html
 
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