Why Gold could be a Bubble | Canadian Capitalist
… tulip bulb and dot com investors before them, must rely on the “greater fool” theory of investing for their profits. It is possible, of course, that competing asset classes would continue to languish, gold prices continue to increase, driving more investment demand for the yellow metal. Then again, the feedback loop could easily go negative due to any number of reasons ranging from increased mine supply to scrap supply and once again burn investors who chased returns. …
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