gold bubble evidence — not an ad. They turned off their shopping cart and are only selling gold+silver over the phone.

Is that evidence of a bubble or simply evidence that people are looking for a safe place to put their money? Even using the bogus government CPI numbers, we are way below the inflation-adjusted price of gold in 1980. IMO, gold is valued fairly right now. It’s certainly no bargain but it’s not ridiculous either. You’ll know there’s a gold bubble when you hear people at Starbucks talking about how much money they’re making on theirs, when you see ads for trading gold on margin on late-night TV, and when Time magazine has a cover story entitled — “America’s Love Affair With Gold!”

The big problem I see with gold is that the market is very easy for the big playaz to manipulate. There is even a special interest group dedicated to exposing the rigging of the gold market. Of course in the stock market we have the PPT rigging the game using OUR TAX DOLLARS. Gotta love this “free market” system.