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$35+ an ounce! $50+ soon??
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<p>[QUOTE="medoraman, post: 1293507, member: 26302"]This is where I beg to differ. You darn well have a bubble in any market, commodity, derivative, or otherwise. What do you characterize 1980 PM as? The farmland prices in late 70's? The tulip bulb prices in the 1600's? </p><p><br /></p><p>No asset is immune to either prolonged bear markets, or bubbles. What makes these are completely independent of the nature of the asset.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1293507, member: 26302"]This is where I beg to differ. You darn well have a bubble in any market, commodity, derivative, or otherwise. What do you characterize 1980 PM as? The farmland prices in late 70's? The tulip bulb prices in the 1600's? No asset is immune to either prolonged bear markets, or bubbles. What makes these are completely independent of the nature of the asset. Chris[/QUOTE]
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