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I find the argument that Gold and Silver are currently in "bubbles" to be unfounded. I think in the future as central banks across the planet continue their rec
by noclique 14y ago
I find the argument that Gold and Silver are currently in "bubbles" to be unfounded. I think in the future as central banks across the planet continue their reckless expansionary monetary policies, the potential is certainly there. However I don't think we're at that point yet. If you contrast the current precious metals market with the tech and housing bubbles, you don't see the masses running out to buy gold and silver on credit. Nor do you have a Federal government subsidizing this behavior adding more air in the bubble.