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The [Gold] Commodity Concern Bubble

13 Responses

1. Alan, on July 25, 2011 at 10:57 PM said:

   At An All-TIme High

   Timely post; gold is now at $1,612 ounce.

   http://money.msn.com/market-news/post.aspx?post=3412bd7c-3e96-4ebe-b610-35c6716a4e7d

   Alan

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2. Zeke, on July 27, 2011 at 10:39 PM said:

   End of the road for gold?

   Precious metals are under pressure as the US dollar surges.

   http://money.msn.com/investment-advice/article.aspx?post=ddc84231-cdbe-488e-9e70-f2c283557318

   Zeke

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3. Dr. David Edward Marcinko MBA, on August 3, 2011 at 11:59 AM said:

   Market Meltdown Ahead?

   Wall Street gives the new debt deal a big thumbs down as stocks and commodities plunge — taking out significant technical support in the process.

   http://money.msn.com/investment-advice/article.aspx?post=7a06761d-a94d-4d06-91ec-13d898449f95

   Any thoughts esteemed readers?

   Dr. David Edward Marcinko MBA

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4. Burton, on August 4, 2011 at 11:36 AM said:

   More on Gold Bubbles

   Jeremy Grantham, the chief investment strategist for asset manager GMO and an experienced bubble watcher, defines a bubble as asset prices two standard deviations above the long-term trend (for a normal distribution, that represents roughly the top 2% of values).

   On that basis, gold is in a bubble in terms of American and Canadian dollars and the South African rand, and is getting close in terms of the Australian dollar.

   Burton

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5. Frank, on August 8, 2011 at 4:23 PM said:

   Gold

   Well, the metal just topped $1,700 ounce today.

   Frank

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6. Jake, on August 18, 2011 at 1:08 AM said:

   Not so Fast!

   Welcome to the new American gold rush. The price of gold is on a remarkable run, setting a record seemingly every other day. Stomach-churning volatility in the stock market this month has only made investors covet gold more.

   http://www.msnbc.msn.com/id/44179875/ns/business-consumer_news/

   Jake

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7. Norman, on September 5, 2011 at 12:20 PM said:

   Popping the gold bubble theory

   Although gold has risen some since this post, what the gold bears don’t seem to realize is that, despite its big gains, the gold market can’t be a bubble when almost everyone seems to think it’s overpriced.

   http://money.msn.com/exchange-traded-fund/popping-the-gold-bubble-theory-fleckenstein.aspx

   Norman

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8. Jeb, on September 6, 2011 at 5:52 PM said:

   Well-Known Investor Says Gold Is Not In A Bubble

   Investor Marc Faber says gold’s rally above $1,900 an ounce shows no signs of a “bubble” as central banks continue to boost money supply that has helped spur bullion to a record.

   http://www.fa-mag.com/fa-news/8432-gold-not-in-a-bubble-as-central-banks-print-cash-faber-says-.html

   Jeb

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9. Hope R. Hetico RN MHA CMP™, on October 30, 2011 at 1:35 PM said:

   Gold is The Fear Index

   According to Mike Kitces http://www.kitces.com/blog/archives/202-Weekend-Reading-for-Financial-Planners-Oct-29-30.html “Gold is The Fear Index.”

   So, in this article by Professor Somnath Basu PhD [a frequent contributor to this ME-P] in the October 2011 issue of Financial Advisor magazine, Somnath discusses gold as a proxy for fear in the markets – so that investing in it can help serve as a hedge against market fear that may hammer the price of equities.

   Basu’s article highlights that while the overall correlation of gold to the equity indices has been lower for many years, it was very negatively correlated in the midst of the most recent two bear markets in the past decade.

   In other words, it may be a near-0 correlation overall, but it appears to be highly negatively correlated when you would want – and need – it the most.

   But, perhaps most striking is a graph at the beginning of the article, showing the meteoric rise in gold over the past decade, relative to how it was priced for the better part of the past 200 years.

   So, be sure to take a look!

   http://www.fa-mag.com/component/content/article/8626.html?issue=178&magazineID=1&Itemid=73

   Hope R. Hetico RN MHA CMP™
   [Managing Editor]

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10. Jared, on December 23, 2011 at 11:14 AM said:

    Gold – Maybe Not so Shiny – Anymore?

    Two opinions

    1. Paulson’s Bright Spot May Fade As Gold Plunges

    John Paulson, the hedge-fund manager enduring the worst year in his career, may be facing a final blow from this month’s sell-off in gold.

    http://www.fa-mag.com/component/content/article/47-pw-news-online/9407.html?Itemid=178

    2. Death Of Gold Bull Market Seen By Gartman

    Gold, in the 11th year of its longest winning streak in at least nine decades, is poised to enter a bear market, according to Dennis Gartman, who correctly predicted the slump in commodities in 2008.

    http://www.fa-mag.com/component/content/article/7-news/9387.html?Itemid=178

    Jared

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11. Dr. Bethany, on December 28, 2011 at 9:02 PM said:

    Dr. Marcinko

    You called it right regarding gold.

    FYI: Gold (-GC -2.49%) was falling for the fifth consecutive day today because of two factors: the strengthening dollar and growing concern that demand is weakening in the world’s two largest countries.

    Gold for February delivery was dropping $28 to $1,567.50 an ounce at the Comex division of the New York Mercantile Exchange. The metal has traded as high as $1,595 and as low as $1,571.80 an ounce, while the spot price was down $20, according to Kitco’s gold index.

    Dr. Bethany

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12. Kremsfield, on April 15, 2013 at 4:57 PM said:

    Gold Going Down

    Gold is crashing today. Is it on the way to $1,300 oz; or lower?

    http://money.msn.com/business-news/article.aspx?feed=OBR&date=20130415&id=16352974

    Kremsfield

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13. Nelson, on September 23, 2014 at 11:37 AM said:

    Gold crashing and there’s no rebound in sight

    An improving economy has limited the demand for a traditional safe haven that hasn’t looked safe for a while.

    http://money.msn.com/top-stocks/post–gold-crashes-and-is-now-tarnished-for-good

    Nelson

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