[Fortune] Beware of gold bubble – Kitco Forums

That’s what worries me: the seemingly inexhaustable scrap jewelry supply. But no way it goes down to 500.00, let alone 1000.00. … Gold can go whereever it wants to go. Gold price is based on nothing but emotion. Dollar can weaken and gold can collapse, dollar can strengthen and gold can colapse. Oil can be high or low and gold can collapse. Econimies can be boom or bust and gold can collapse. People can be full of hope or full of fear and gold can collapse. …

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