Is the Gold Price following a typical Bubble pattern?

[trew]

I see gold under $800 before we see $1500.

perhaps in your currency but not in mine

still $1350 in AUD at the moment while in USD it's down to $1220

 

[Pirocco]

If you think the 'bubble' has burst then why are you here? To make sure we are all aware it has burst? Bugger off to somewhere more interesting.

Good question.
They sit now in dollars, to be able to take advantage of others that sell lower, in the hope for even lower, but then the former quickly buy, and drive price higher. To then wait for the latter to buy. Ready to swap gold again for dollars. [edit]Without bubble talk then, haha.