By Sue Chang SAN FRANCISCO (MarketWatch) — Judging by the gloomy commentary and headlines, there isn’t much cause to recommend gold as an investment option in the near term--a far cry from 2013 when some analysts had boldly predicted that gold would trade at $2,000. That exuberance hasn’t been justified, so far. Gold for June delivery GCM5, +0.64% was looking to snap a three-day losing [...]
Tag: market bubble
This Time Is The Same: Like The Housing Bubble, The Fed Is Ignoring The Shale Bubble In Plain Sight
by David Stockman • December 8, 2014 We are now far advanced into the third central bank generated bubble of the last two decades, but our monetary politburo has taken no notice whatsoever of its self-evident leading wave. Namely, the massive malinvestments and debt mania in the shale patch. Call them monetary bourbons. It is no exaggeration to say that inhabitants of the Eccles Building[...]