Wouldn't a bold declaration stating that some asset is not in a bubble despite a large gain be right in line with every other bubble that we've experienced? I don't see why gold is "different this time".
Also, for everyone going long gold, when do you plan to sell? And if you never plan to sell is that based on the belief that entire societal collapse is around the corner? And if you hold that belief firmly, wouldn't you be better off purchasing goods that will sustain you in the future (Like guns, ammo, PVC piping, solar panels) rather than trying to purchase wealth for the future?
No Gold Bubble [View article]
Also, for everyone going long gold, when do you plan to sell? And if you never plan to sell is that based on the belief that entire societal collapse is around the corner? And if you hold that belief firmly, wouldn't you be better off purchasing goods that will sustain you in the future (Like guns, ammo, PVC piping, solar panels) rather than trying to purchase wealth for the future?