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The "Gold" Bubble vs the Nasdaq Bubble PDF Print E-mail
Written by Mark Hulbert, MarketWatch   
Wednesday, 21 September 2011 06:11

Given gold's stunning rise there are those who seem to think gold is in a bubble similar to the Nasdaq bubble of 1999-2000. Actually gold would have to be $3,200 an ounce, nearly double its current $1,800 if it was  in the final stages of a bubble the way that the Nasdaq was at its top in March 2000. As you can see in the chart below:

MW-AM825_gold_b_20110920144617_MD

 
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