Pretty much everyone seems to agree that gold prices are in a bubble right now, so the only question left to ask is when will the bubble burst We put that very question to our readers last week, and the consensus centred around $2,500 an ounce.
Investors are rushing to gold for a variety of reasons. Some see the yellow metal as a hedge against central banks’ inflationary printing presses others consider it a safe haven from the doomed financial sector and plenty more are just hoping to time their exit at a tidy profit.
With few signs of good news emerging from the world’s biggest economies,...
¬ Haymarket Media Limited. All rights reserved.
