I agree with you, it just make you lose your money with this bubble pricing. I would not hold gold for this price! It is very risky to sleep and hold gold at this price. Very true the Gold bubble. After the fact we all know that the 1980 gold rally turned out to be a bubble. That crash went from $800 to less then $200 in a few weeks. The present bubble is much larger. When this bubble goes, get out of the way.
A bubble? The only bubble I see is the money bubble. You better not short gold. It'll destroy you. But I think some just cannot comprehend what is going on. They just can't get it through their head what is happening. I feel sorry for them.
people are pounded every day by the syntax of the language of the financial shows- its very hard to disregard the emotional content. No one comes out and says fiat currencty is worthless paper backed by insane politicians and the only real cash is gold. in a way this is good- its a miracle that there is still a exit from the $ backed by 14,000,000,000,000 of debt. This astronomical figure represents $2000 for every man women child and dog on the planet.