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The gold bubble and gold bugs

Posted on 21 December 2009

From Livemint.com: Gold prices have been rising sharply, breaching the $1,000 barrier and in recent weeks rising towards $1,200 an ounce and above. Today’s “gold bugs” argue that the price could top $2,000.
But the recent price surge looks suspiciously like a bubble, with the increase only partly justified by economic fundamentals………………………………..Full Article: Source

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VRS - who has written 38538 posts on Opalesque Commodities Briefing.


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