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Platinoid
Member since May 2012
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Is gold in a bubble?

- James Turk - Goldmoney

"As an example, today this rationalisation explains why US government debt cannot possibly be overvalued because [....]. Go ahead. Fill in the blank."

[US government debt is 'quality.' That's why whenever there is uncertainty and fear elsewhere in world markets, there is always a "flight to quality." -EVERYONE knows that!]

"Try to find out what EVERYONE else is thinking, then do the opposite."

Thank you for the great article Mr. Turk.

You may not be able to get blood from a rock, but you sure as hell can get it from paper!
- Platinoid

Commented 4455 days ago

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Beginning of the headline :Every once in a while a bubble forms in a market. Bubbles can occur in any market, whether stocks, commodities, real estate or as we know from history, even tulip bulbs. Market bubbles are, as the name implies, unsustainable. They are manifest by inflated prices that go up and up to achieve unthinkable levels for a while, and in some cases, for a very long while... Read More

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