Replies to post #256 on SPDR Gold Trust (GLD)

[z4lover]

ha ya. I don't think it's a bubble yet... But we could in 2-3 years get to bubble type prices

I think there is a lot of talk today about how it's either the US dollar or gold as a reserve currency... the issue is I don't see a rush to gold happening today... I think the euro does go down from here. however I don't think it will fail for a few more years... and that could be 3-5 years off...

So we have a lot of hype today... and imo we could see some downward motion in the months to come as people wonder why this isn't going up as quickly as they thought it would, and how the risk appears to not be there any longer...

Remember people forget very quickly...