Will the Gold bubble pop just like the housing bubble and the Dot com bubble did?

And what will that do to the world economy?Will the Gold bubble pop just like the housing bubble and the Dot com bubble did?
Yes and no.

Unlike the Dot com bubble, (or the tulip bubble of the 1630s, or the Florida property bubble of the 1920s), gold is something that will have some intrinsic value once the bubble bursts.

In 1980 gold was selling at $615 ($1605 in today's dollars).

the bubble on gold burst, but unlike tulips and dot coms and Florida property before the interstate, it did not crash to virtually nothing. It was 2/3 its value in 1981, for sure. But that's more than can be said for Orlando land that only regained its value int he 1980s or Pets.com and the other sites that didn't make money.
bubbles usually pop... and it will do little to the world economy as these people who are buying up gold aren't doing anything useful with their money... they aren't spending it, so spending won't go down, they aren't even saving it in a bank, so it won't impact the bank...



if anything it may help the economy as people will start spending it and won't buy gold anymore...



the simple fact is... if there is a guy who burries all his money in his backyard... it won't make that much of a difference if all that money just disappears...because it wasn't in the economy to begin with...Will the Gold bubble pop just like the housing bubble and the Dot com bubble did?
Gold is a hedge on the dollar. As long as the Fed keeps their disastrous policies going, it will stay high. After 2012, when Bernacke's term is up and someone else assured to take over who isn't an idiot, policies will change and gold will drop.
The gold price is a direct reflection of the confidence in the dollar and other world currencies. Gold might go down, but given the Obama policies, no time soon and ever so gradually.Will the Gold bubble pop just like the housing bubble and the Dot com bubble did?
Never has.

Gold merely HOLDS value. If you think it's going up, it's because you're measuring it with something that's going down.
Gold is WAY overinflated. It has quadrupled in value in 7 years.
It will completely destroy Fox News commercials between the hours of 4 and 6 each week day.
It will make Glenn Beck's diciples curl up into the fetal position.
Yep and things will get very hard for some.
all bubbles eventually burst!