How do you know Gold is in a bubble? Gold Vending Machines!

gold-price-776894

My Comments: In Germany you can now buy gold out of vending machines in the subway.  Gold is a funny asset that many people believe is the only real hedge against inflation.  The problem is you will always need willing buyers and sellers and during panics it usually goes up and during periods of normalcy everyone forgets about it.  It is the wrong asset to buy and hold for decades, but can provide some diversification benefits during periods of uncertainty.

Check out the article here.

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Filed under Asset Allocation, Commodity Prices, Economy, Humor, Inflation, Personal Finance, Stock Market

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