A contrarian view. Is the end in sight for Gold ? After all George Soros has described it as a bubble back in March 2010. The "Go For Gold" picture above is taken out of pg 32 of Australian Property Investor - Oct 2010 issue. Australian Property Investor is an Australian based magazine dedicated to property.
Ummmm... A dedicated property magazine of Australian properties touting Gold ??
Its like Bill Gates touting Apple's Iphone.
Either it's suggesting investors should be considering getting out of OZ properties for better investment alternative like Gold; or
Gold rises finally cannot be ignored and even a magazine normally dedicated to property succumb finally at the end to acknowledge Gold as a viable alternative investment ? Or to keep its readers happy it cannot not write something about Gold.
Whichever it is, it feels like the writing is on the wall for Gold and we are at the last stage of the bull run. Caveat Emptor.
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