I personally remember the run to $50 in 1980. It was a completely manipulated market caused by the Hunt Brothers of Texas. When it crashed, it was brutal. About this current run....am not sure, however, I feel it's another bubble also. Warren Buffet said about gold, that with the current price and supply in the world, it would give you enough money to buy Exxon Mobil ten times over and all the farmland in the U.S. and a few other things I can't recall...so do I think it's a bubble? Kinda. Just my 2 cents...