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Gold Bubble

lydbok


The warning signs for gold's decline are plenty: gold ETFs have made investing in gold available to the common investor and have tremendously increased the speculation involved; the global reliance on emerging markets such as China has fueled the commodity bubble led by gold; TV shows and newspaper headlines warn of intense media saturation and frenzy; We Buy Gold stores line busy streets and signal mass awareness; gold miners are no longer protecting themselves from a potential drop in prices; herd-like behavior and intolerance of opposing views, found near peaking popularity, has surfaced; a Chinese taxi company has attempted to buy an Australian gold mine; and gold is even being sold in vending machines.Presenting an in-depth analysis of gold dating back over 100 years, Yoni Jacobs describes what structural factors have allowed gold to form a bubble, why investor psychology of fear and greed is indicating extremely speculative behavior, why gold will fall during an upcoming recessio


Oppleser: Norman Dietz
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