Merryn's Blog

Gold's no bubble - here are some real bubbles

Anyone who still isn't convinced that gold is not in a bubble might like to look at this chart of the gold price in context next to some real bubbles.

Earlier, I explained why we don't think the gold price has yet moved into bubble territory. You can read all about it here: Why gold is not in a bubble.But anyone who still isn't convinced might like to look at the graphic below. It puts the gold price into context next to real bubbles. The implication? There is a long way to go before gold hits the kind of levels that should make you want to sell.

10-05-26-gold-bubble

Chart courtesy of Business Insider

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