http://www.google.com/hostednews/ap/article/ALeqM5jmSWQY1yZOVFL-Z8ud4zi3kYb2mw?docId=83f68a8a490f4cd48408689928393d97 is this a sign that gold is a bubble?
I heard a very good description of a typical 'bubble', I forget where. It's when everyone thinks that they can't loose. They can get in now and make a bundle. As long as there a plenty of skeptics around (seems like a majority to me), we have not entered the bubble phase.