Investors now highest share of gold demand since 1979: bubble trouble?

[Beet]

"When the World Gold Council, a trade group, started breaking out investor demand as a separate category in 1998, investors represented 6.9% of demand and during the tumultuous year of 2009, they accounted for 39%. In the second quarter of this year, investors accounted for 51% of demand, second only to the first quarter of 2009, when the stock market was at its nadir and investors accounted for 60%."

http://online.wsj.com/article/SB10001424052748704855104575469982112990238.html?mod=googlenews_wsj

Sign of a bubble? This is like 60% of home-buyers being investors and 'flippers', and only 40% wanting to live in a home.

[memphis]

We saw the same crap in the late Carter/early Reagan years. The economy recovered and all the gold "investors" lost big time. Maybe at least this time, they can blame Limbaugh and Beck for promoting this stupidity.

[○∙◄☻¥tπ[╪AV┼cVê└]

The Enron/Worldcom debacles showed that you can't trust stocks. I put my retirement into bonds.

[memphis]

The Enron/Worldcom debacles showed that you can't trust stocks. I put my retirement into bonds.

You can't trust anyone/anything. That's why you need to be diversified.