Gold is now "the ultimate bubble", billionaire investor George Soros has declared, sparking fears that prices for the precious metal may soon suffer a tumble. Written article at read more.... UPDATE: Russell Disagrees with a penetrating comment

Update 2pm 01/29 Russell Comment -- Even a billionaire can talk like a fool. Gold hit a high of 850 back in 1980. Gold is now priced at 1084, just 27% above its price of 27 years ago. How can Soros say gold is in a bubble? My opinion -- in view of the incredible recent production of dollars, the dollar should be substantially lower. Thus, it makes more sense to say that the dollar is in a bubble.

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