I found this interesting chart on Australian Property Forum.
It compares the gold price movement over the past few years to the famous ‘typical bubble’ pattern chart that we’ve all seen before.
One view says the gold bubble has already burst.
The other view says the gold bubble has just finished the bear trap phase and now prices will really take off!
What do you guys think is the more likely scenario?
[*Gold is a classic bubble - it follows the typical pattern precisely. Goldbugs. The time to panic… is now. * (Gold is a classic bubble - it follows the typical pattern precisely - Page 3 - Australian Property Forum)
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