Gold Bubble

In this chart we compare Gold’s decline from August 2011 with the bursting of the four biggest bubbles of the past 100 years: Nasdaq 2000, Japan 1990, Gold 1980 and Dow 1929. Those 4 bubbles followed a very similar pattern. They each declined 60% to 85% over a two and a half year period. Each … Continue reading

This chart compares Gold’s current correction to the bursting of four bubbles: Dow in 1929, Gold in 1980, Japan in 1990 and Nasdaq in 2000. If Gold’s secular bull market was over it would correct similarly to the bursting of these bubbles. We don’t see that whatsoever.