Super rich buys gold in tons

October 5, 2010 at 10:38 am Leave a comment

This news headline about super-rich buying gold in tons alert me to a gold bubble forming.

George soros also warned of a gold bubble and news of gold mining companies acquisitions, end of hedging activities by gold miners so as to reap full profits from climbing gold prices, lesser gold sales by european central banks and more gold buying by developing countries central banks, more FED printing of US dollars are all signs of gold bubble forming.

Entry filed under: Watch your step. Tags: .

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