Gold Price Chart Yahoo

Is gold the next “bubble”?

http://finance.yahoo.com/banking-budgeting/article/109645/is-gold-the-next-bubble?mod=bb-budgeting

Investing in gold is great, as long as you sell at the top.

But once in turns down, who is gonna buy it?

To cash out, you need a buyer.

Therefore theoretically, there will be a chosen “few” (mostly people who work IN the gold exchange) who will know when to “get out”.

Nobody is going to buy gold while the price is going down.

This of course will trigger a sell-off with no buyers, causing the price to drop like a lead ball.

The faster it drops, the more people wait for it to hit bottom before buying.

We will all feel great sorrow for the “hoarders”.

The Myth of Interest Rates