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<p>[QUOTE=&quot;Cloudsweeper99, post: 1587308, member: 3011&quot;]After the business press largely missed the bubble in tech stocks in the 90s, they took to calling every bull market a bubble so they wouldn&#039;t miss the next one.&nbsp; A bubble is a relatively rare conditions and PMs certainly aren&#039;t in a bubble.&nbsp; Some of the conditions that must exist for there to be a bubble are:</p><p><br /></p><p>- Widespread public participation</p><p>- Buying with the heavy use of margin</p><p>- Buying for non-economic reasons - i.e., simply because the price is going up</p><p>- Parabolic price increases</p><p>- Buying to the extent that it distorts other economic activity</p><p>- Widespread coverage in the media</p><p><br /></p><p>I don&#039;t see any of this happening for PMs.[/QUOTE]</p><p><br /></p>

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