| From Business.in.com: Finally, gold went for its much anticipated and awaited date with the all-time high mark of $1,300 per ounce on September 24, 2010, albeit only for a fleeting moment. However, if you ask the Lalit Modis and Suresh Kalmadis of the world, whatever goes up, comes down (often) with a bang — the higher one goes, the harder can be the fall.
George Soros, the 79-year-old billionaire, calls gold’s spectacular nine-year bull rally the ultimate asset bubble. But, he has also helped drive up gold prices by doubling his bet on gold. He says that when interest rates are low, conditions are ripe for asset bubbles to develop, and they are developing at the moment. But, bubbles are good if you buy at the start rather than towards the end..............................................Full Article: Source
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