Missourian
Diamond Member
What do I base this revelation on?
You may not remember the scrap metal bubble of 2005...you city folks probably missed it altogether...but every telephone pole in Missouri was festooned with freshly printed fliers announcing "We pay $50/$100/$150/$200 for scrap cars" and everyone bought a 16 foot trail and scoured the back roads for any rusting hulks in yards, fields, barns and bushes...and just about that time...when everyone had heard about the hidden treasure of scrap metal...the bubble burst and scrap metal prices plummeted.
But surely you remember the height of the Housing Bubble...every other commercial was "Learn to flip houses and become a millionaire"?
And everyone was doing it...driving housing prices up higher and higher and higher...until THAT bubble burst.
And the stock market bubble...stock prices kept going higher and regular folks were buying in at hyper inflated prices believing that they couldn't lose...right up until they lost.
Well now every other commercial is "Send us your unwanted gold and we'll pay you cash" or "invest in gold with Goldline/Roseline/Gold Connection/Fill in the company of your choice"...even the local guys are getting in on it now, my local Springfield gold buyer is running a TV commercial asking "Why send your unwanted gold away in the mail...bring it to me."
Gold prices are at record highs and everyone wants in.
Everyone is talking about it...everyone is advertising buying or selling...and when everyone knows something the bubble is right on the verge of bursting.
Now like I said, this is just one hillbillies opinion...but if I owned gold as an investment...I'd get out while the gettin's good.
You may not remember the scrap metal bubble of 2005...you city folks probably missed it altogether...but every telephone pole in Missouri was festooned with freshly printed fliers announcing "We pay $50/$100/$150/$200 for scrap cars" and everyone bought a 16 foot trail and scoured the back roads for any rusting hulks in yards, fields, barns and bushes...and just about that time...when everyone had heard about the hidden treasure of scrap metal...the bubble burst and scrap metal prices plummeted.
But surely you remember the height of the Housing Bubble...every other commercial was "Learn to flip houses and become a millionaire"?
And everyone was doing it...driving housing prices up higher and higher and higher...until THAT bubble burst.
And the stock market bubble...stock prices kept going higher and regular folks were buying in at hyper inflated prices believing that they couldn't lose...right up until they lost.
Well now every other commercial is "Send us your unwanted gold and we'll pay you cash" or "invest in gold with Goldline/Roseline/Gold Connection/Fill in the company of your choice"...even the local guys are getting in on it now, my local Springfield gold buyer is running a TV commercial asking "Why send your unwanted gold away in the mail...bring it to me."
Gold prices are at record highs and everyone wants in.
Everyone is talking about it...everyone is advertising buying or selling...and when everyone knows something the bubble is right on the verge of bursting.
Now like I said, this is just one hillbillies opinion...but if I owned gold as an investment...I'd get out while the gettin's good.
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