Gold: Is it a safe bet?

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Mon, 25 Jul 2011 6:43p.m.

The price of gold has reached record highs

The price of gold has reached record highs

The price of gold has reached record highs, with investors seeing it as a safe bet in otherwise volatile markets.

But is it? Or is it a bubble about to burst?

Watch Charlotte Shipman’s report

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Comments

26 Jul 2011 04:33p.m.

ken yip wrote:

in china teeth are replaced with gold, a new crime is on the rise,kidnapping and stealing the teeth out of the head
of victims, now they are covering gold teeth with enamle,
when someone dies the teeth become treasure and many coffins are raided for those teeth. gold and crime go together.

26 Jul 2011 11:49a.m.

David Jacobs wrote:

The gold bubble, like the housing bubble, will burst and the ensuing recession will have a far more damaging effect on the world economy.

26 Jul 2011 06:21a.m.

John wrote:

As long as USA keeps printing toilet rolls of $1000.00 notes by the millions making the US$ worth less than the paper it's printed on and countries all around the world over their necks in debt then Gold and Silver will continue to climb.. Bubbles arrive when everyone and their neighbors dog clamor for Gold / Silver.. That day is nowhere close at the moment...It will arrive one day but for the moment the only thing of debaseless value is Gold / Silver...

25 Jul 2011 08:19p.m.

Conversely wrote:

What's the value of cash when the FED's treat it like toilet paper, the RICH buy Gold because they Know what brown stains are, The BANKS are buying gold like there's NO Tomorrow. GOD's PURE currency cannot be debased BUT the thieves will steal it from under your nose with Fear Uncertainty and Doubt.