Bloomberg bubble report

Discussion in 'Silver' started by bgtrader, Apr 15, 2011.

  1. bgtrader

    bgtrader New Member

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    Bloomberg just did a bubble report. Gold, american farm land and netflix got a mention but nothing on silver ???? Opinion was Gold is not in a bubble and current prices could look cheap in a few years.
     
  2. fishball

    fishball New Member Silver Stacker

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    Do you have a link? I can't seem to locate this article on Bloomberg.
     
  3. Nub Cannon

    Nub Cannon New Member

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    Silver couldn't be in a bubble anyway , if it were we would all probably have to wait several months to get any type of physical since the market is so tiny.
     
  4. Aengrod

    Aengrod Member

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    Its not ... yet.
    Well look at it:
    Gold: almost 1500$ per ounce. previous all time high of 895$
    Silver: 43$, near its all time high of 48. If silver would keep up with gold, it would trade at 80$.

    Sure that silver will be in a bubble, no doubt about that.
     
  5. bgtrader

    bgtrader New Member

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    I was actually watching the channel on cable. Was a 5 minute spot so not sure it made it to an article.


    Silver was on the intra day top movers report but talk was all about Google and bank of America earnings.
     

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