Though J.P. Morgan is bullish on gold, Wells Fargo believes it's a "bubble that's poised to...

|By:, SA News Editor

Though J.P. Morgan is bullish on gold, Wells Fargo believes it's a "bubble that's poised to burst," and asserts "there could be substantial risk to gold once the fear that the world is coming to an end subsides." Gold futures are up 26% this year, and have tacked on another 0.6% today to reach $1,795/oz.