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<p>[QUOTE=&quot;ClevelandRocks, post: 1783599, member: 36533&quot;]I agree with most of what was said in this post.&nbsp; However, where i disagree is when you mention gold has made reasonable gains.&nbsp; In a bubble, there are reasons gold prices sore, but I don&#039;t think they are reasonable.&nbsp; I think there are several reasons that point to gold being in a bubble.&nbsp; </p><p>&nbsp;</p><p>1) Parabolic run up in price</p><p>2) Extreme investor enthusiasm/euphoria</p><p>3) Media frenzy/overspeculation</p><p>4) Creation of a Gold ETF</p><p>5) Outrageous predictions of future gold price</p><p>&nbsp;</p><p>&nbsp;</p><p>We now live in a world where we have TV shows about gold (alaska gold rush), billboards, Cash for gold stores, etc.&nbsp; They even have gold vending machines!&nbsp; I don&#039;t know how we can not be in a bubble.&nbsp; It took time to build up, it will take some time to erase some of the gains.&nbsp; At least I hope so, cause I want to collect some coins without breaking the bank.[/QUOTE]</p><p><br /></p>

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