Saturday, December 04, 2010

Coming soon: the loud thud of a gold bust

I'm cautious on gold:

Coming soon: the loud thud of a gold bust | Analysis & Opinion |: "Some time in the future the price of gold will crash and it won’t have a fairy-tale ending for the millions of investors who piled on in recent months.

If I could tell you when gold was going to bust, I’d likely be wrong or bigger than Warren Buffett, so I won’t even try. Just be incredibly cautious now. There are too many signs that gold is frothier than a Starbucks cappuccino."

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