Thanks for replying, and I don’t disagree with anything you say, I’ve been saying this is coming for years. Maybe it’s just my pessimistic, economically conservative view point, or maybe there’s something in it.
My only disagreement is that a bubble bursting is short and sharp. The events leading up to it are well underway, I 100% agree. But until the economic performance data shows this, the bubble and overinflated prices are still there.
The behaviour of gold over the last few years is showing that it’s coming and people can see it coming sooner rather than later.