There is always a price for promises you don't keep!
-
Size of Gold 'Bubble' Now an 'Absurdity': Analyst
Having risen by a third since the beginning of 2011 and nearly fivefold since 2004, one analyst believes the precious metal is now in bubble territory and an "absurdity". Having risen by a third since the beginning of 2011 and nearly fivefold since 2004, one analyst believes the precious metal is now in bubble territory and an "absurdity". "Gold is not money and has no investment yield and in fact incurs carrying/storage costs. With the 10 year US treasury rate at 2 percent and storage cost of 1-1.5 percent this implies an annual opportunity cost of 3-3.5 percent,” said John Wadle, the head of regional banks ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Aug 23, 2011 8:19am Aug 23, 2011 8:19am
- DragonFire
- | Joined Sep 2010 | Status: Member | 2093 Comments
- Comment #2
- Quote
- Aug 23, 2011 8:27am Aug 23, 2011 8:27am
- DragonFire
- | Joined Sep 2010 | Status: Member | 2093 Comments
There is always a price for promises you don't keep!
- Comment #3
- Quote
- Aug 23, 2011 8:27am Aug 23, 2011 8:27am
- clockwork71
- | Commercial Member | Joined May 2007 | 1176 Comments
- Comment #4
- Quote
- Aug 23, 2011 8:31am Aug 23, 2011 8:31am
- ALThau
- | Joined Aug 2007 | Status: I play | 271 Comments
- Comment #5
- Quote
- Aug 23, 2011 8:39am Aug 23, 2011 8:39am
- DragonFire
- | Joined Sep 2010 | Status: Member | 2093 Comments
There is always a price for promises you don't keep!
- Comment #6
- Quote
- Aug 23, 2011 9:15am Aug 23, 2011 9:15am
- Guest
- | IP XX.XXX.78.102
- Comment #7
- Quote
- Aug 23, 2011 9:27am Aug 23, 2011 9:27am
- Guest
- | IP XXX.XXX.0.5
- Comment #8
- Quote
- Aug 23, 2011 9:28am Aug 23, 2011 9:28am
- Guest
- | IP XXX.XXX.0.5
- Comment #9
- Quote
- Aug 23, 2011 10:39am Aug 23, 2011 10:39am
- Guest
- | IP XXX.XXX.10.5
- Comment #10
- Quote
- Aug 23, 2011 10:55am Aug 23, 2011 10:55am
- ALThau
- | Joined Aug 2007 | Status: I play | 271 Comments
- Comment #11
- Quote
- Aug 23, 2011 11:05am Aug 23, 2011 11:05am
- ettrader
- | Joined Aug 2009 | Status: Member | 504 Comments
- Comment #12
- Quote
- Aug 23, 2011 12:30pm Aug 23, 2011 12:30pm
- Ipndasno
- | Joined Feb 2010 | Status: Member | 16 Comments
- Comment #13
- Quote
- Aug 23, 2011 1:16pm Aug 23, 2011 1:16pm
- mohan76
- Joined Jan 2011 | Status: Ordinary Members | 42 Comments
Mohan
- Comment #14
- Quote
- Aug 23, 2011 1:30pm Aug 23, 2011 1:30pm
- mfoste1
- Joined Jun 2009 | Status: A slave to the tape | 112 Comments
- Comment #15
- Quote
- Aug 23, 2011 2:19pm Aug 23, 2011 2:19pm
- Yao
- | Joined Aug 2011 | Status: Member | 669 Comments
- Comment #16
- Quote
- Aug 23, 2011 3:36pm Aug 23, 2011 3:36pm
- ettrader
- | Joined Aug 2009 | Status: Member | 504 Comments
- Comment #17
- Quote
- Aug 23, 2011 3:39pm Aug 23, 2011 3:39pm
- hatemfxg
- | Joined Jan 2010 | Status: Member | 7 Comments
- Comment #18
- Quote
- Aug 23, 2011 3:45pm Aug 23, 2011 3:45pm
- hatemfxg
- | Joined Jan 2010 | Status: Member | 7 Comments
- Comment #19
- Quote
- Aug 23, 2011 4:06pm Aug 23, 2011 4:06pm
- JohnW
- Joined May 2006 | Status: Member | 24 Comments
Chance favors the prepared
- Comment #20
- Quote
- Aug 23, 2011 4:54pm Aug 23, 2011 4:54pm
- ehsanbh
- | Joined Sep 2010 | Status: Junior Member | 7 Comments
- Comment #21
- Quote
- Aug 23, 2011 5:28pm Aug 23, 2011 5:28pm
- Guest
- | IP XXX.X.150.144
- Comment #22
- Quote
- Aug 23, 2011 5:51pm Aug 23, 2011 5:51pm
- [Sniper]
- | Joined Feb 2009 | Status: Member | 55 Comments
- Comment #23
- Quote
- Aug 23, 2011 9:48pm Aug 23, 2011 9:48pm
- EmptyEterniT
- | Joined Jun 2011 | Status: Free Market Austrian Economist | 123 Comments
- Comment #24
- Quote
- Aug 24, 2011 12:10am Aug 24, 2011 12:10am
- Guest
- | IP XX.XX.152.132
- Comment #25
- Quote
- Aug 24, 2011 8:12am Aug 24, 2011 8:12am
- vs1972
- | Joined Aug 2008 | Status: Member | 1 Comment
- Comment #26
- Quote
- Aug 24, 2011 10:41am Aug 24, 2011 10:41am
- Guest
- | IP XX.XX.152.164