Gold Bubble ?

I do not know how high gold will go

Many investment advisers are recommending Gold

Many theories on why gold can only go up

Gold touched a high of $1909 per ounce yesterday. Looking at the chart above, Gold has reach the exponential phase in its surge, how much higher can it go ? I don't know but I am very sure it is a bubble. I don't think it will crash down from here, people has not gone crazy yet.

Looking at the silver 34-year chart, don't you think it looks like a bubble is developing ?

Look at the sharp drop in 1980, silver price dropped from $48.70 to $10.80 within 3 months for a 78% plunge.


.