10 Market Bubbles That Could Soon Burst

Discussion in 'Economy' started by GHook93, Nov 9, 2010.

  1. GHook93
    Offline

    GHook93 Aristotle

    Joined:
    Apr 22, 2007
    Messages:
    17,912
    Thanks Received:
    3,124
    Trophy Points:
    255
    Location:
    Chicago
    Ratings:
    +4,924
    Look all the way at the bottom and they predict the US Government's bubble bursting! Ouch!
    Scary ones are gold! All you hear is buy gold and let's get back to the gold standard, yet that is the #1 bubble!
    US Dollar is another! However, when the dollar shrinks to new lows, manufacturing will boom!


     
  2. william the wie
    Offline

    william the wie Gold Member

    Joined:
    Nov 18, 2009
    Messages:
    7,264
    Thanks Received:
    673
    Trophy Points:
    175
    Ratings:
    +1,603
    Seems right to me except that Gold prices are indicator of the dollar bubble and not an independent bubble so I would substitute the EU welfare bubble for gold but otherwise a great list.
     
    • Thank You! Thank You! x 1
  3. GHook93
    Offline

    GHook93 Aristotle

    Joined:
    Apr 22, 2007
    Messages:
    17,912
    Thanks Received:
    3,124
    Trophy Points:
    255
    Location:
    Chicago
    Ratings:
    +4,924
    You think Gold can keep raising in price and people will be able to just afford it?

    No F'ing way!
     
  4. william the wie
    Offline

    william the wie Gold Member

    Joined:
    Nov 18, 2009
    Messages:
    7,264
    Thanks Received:
    673
    Trophy Points:
    175
    Ratings:
    +1,603
    Gold isn't rising fiat currencies are losing value.
     
  5. loosecannon
    Offline

    loosecannon Senior Member

    Joined:
    May 7, 2007
    Messages:
    4,888
    Thanks Received:
    263
    Trophy Points:
    48
    Ratings:
    +264
    Your point is very likely true. As is Willie's about gold simply being inverse to the dollar. The only reason why gold is really bubbled tho, imo, is that there is likely 10 times as much gold sold as actually exists. Most people buy leased gold or never take delivery.

    If there was no fractional reserve in the gold trade the price might likely be $10K/to.
     
  6. loosecannon
    Offline

    loosecannon Senior Member

    Joined:
    May 7, 2007
    Messages:
    4,888
    Thanks Received:
    263
    Trophy Points:
    48
    Ratings:
    +264
    ALL of them, except for developing nations currencies which are secretly gaining value. But developed nation's currencies are in the toilet. For Sure!
     
  7. william the wie
    Offline

    william the wie Gold Member

    Joined:
    Nov 18, 2009
    Messages:
    7,264
    Thanks Received:
    673
    Trophy Points:
    175
    Ratings:
    +1,603
    And likely to head lower as the debasement wars heat up.
     
  8. GHook93
    Offline

    GHook93 Aristotle

    Joined:
    Apr 22, 2007
    Messages:
    17,912
    Thanks Received:
    3,124
    Trophy Points:
    255
    Location:
    Chicago
    Ratings:
    +4,924
    It will be be subject to supply and demand eventually!
     
  9. william the wie
    Offline

    william the wie Gold Member

    Joined:
    Nov 18, 2009
    Messages:
    7,264
    Thanks Received:
    673
    Trophy Points:
    175
    Ratings:
    +1,603
    Are you referring to the fact that gold acts as a contra-asset to money base while the economy operates off M3?
     
  10. editec
    Offline

    editec Mr. Forgot-it-All

    Joined:
    Jun 5, 2008
    Messages:
    41,427
    Thanks Received:
    5,598
    Trophy Points:
    48
    Location:
    Maine
    Ratings:
    +5,617
    Maybe.
     
    • Thank You! Thank You! x 1

Share This Page