Gold Prices Are Up, The Price of Gold May Be In A Bubble

The first time I was introduced to the wild price
gyrations of gold was in 1980--the media attention
was massive. Based on reports at the time gold went
from $200 an ounce to $800 in a short period. That
was after years at the low. A few years later it fell
back to $300, and stayed there for many more years.

Now, on august 10, 2011, gold hit $1800 after a short
ride up from about $600 an ounce. Since President Obama
became President, the media has stoked fears in the
public by constantly airing internet, television, and
radio ads about the fear of having "this type" of..READ MORE