Only a retard says that Gold is in a bubble. If you hear anyone make that claim or claim that gold and silver are nothing but commodities, you are either talking to a shill or a retard. In either case tune them out. Speaking of out, get out of dollars before your wealth is toast. The attack on the paper metals market continues but people are beginning to see the light and divesting themselves of paper and obtaining physical.
Remember, if you do not possess it, you do not own it. However, if you want to buy paper that is backed by metal choose the Sprott Physical Silver Trust (PSLV) or the Sprott Physical Gold Trust (PHYS) both available through Questrade. These are backed by audited physical metal and stored at the Royal Canadian Mint, out of the hands of the Banksters, who constantly shift metal between themselves to cover up their shenanigans.
The only way you can lose on the Sprott products is if the government confiscates the metal and forces Sprott to pay out in fiat currency.
Ok Fiatards, here is a history lesson for you courtesy of Sky Pilot on GLP:
GOLD: IT WASN’T A BUBBLE THEN AND IT’S NOT A BUBBLE NOW. THIS IS HOW FIAT CURRENCIES DIE!
Weimar Republic Germany Gold Prices
DATE: GOLD PRICE
Jan 1919: 170
May 1919: 267
Sept 1919: 499
Jan 1920: 1,340
May 1920: 966
Sept 1921: 2,175
Jan 1921: 3,976
May 1922: 6,012
Sept 1922: 30,381
Jan 1923: 372,447
May 1923: 710,355
June 5, 1923: 1,295,256
July 3, 1923: 3,315,831
Aug 7, 1923: 68,382,000
Sept 4, 1923: 269,429,000
Oct 2, 1923: 6,631,749,000
Oct 9, 1923: 24,868,950,000
Oct 16, 1923: 84,969,072,000
Oct 23, 1923: 1,160,552,662,000
Oct 30, 1923: 1,347,070,000,000
Nov 5, 1923: 8,700,000,000,000
Nov 13, 1923: 17,400,000,000,000
Nov 30, 1923: 87,000,000,000,000
And then the Deutsche Mark died, but Gold continued to preserve its value.