Monday, December 27, 2010

WHEN WILL THE GOLD BUBBLE BURST?

Gold historically rallies between September until March, at which point, it will correct on a seasonal basis.  Worldwide events like the Ramadan, Diwali, Christmas, and the Chinese Lunar New Year coincide with the rally period.  The enclosed article suggests the gold bubble could burst in May or June of 2011.

In my opinion, it doesn't take into account that precious metals are a store of value, and not just a commodity.  Readers should perform their own due diligence and decide for themselves what the potential outcomes are.

http://pragcap.com/when-will-the-gold-bubble-burst?utm_source=twitterfeed&utm_medium=twitter

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