Precious Metals

The Motley Fool reported that the inflation in gold prices means the metal is now significantly overpriced.

The Motley Fool reported that the inflation in gold prices means the metal is now significantly overpriced.

The editorial is quoted as saying:

Gold is in a bubble, but I’m not predicting an imminent fall in its price. There is no way to time the bursting of a bubble; it could happen several months from now, just as it could take several years.

To read the full editorial, click here.

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MARKETS

Markets
TSX20280.72+83.11
TSXV698.92-3.17
DOW31915.17+34.93
S&P 5003940.04-33.71
NASD11259.94-275.34
ASX7148.90+3.30

COMMODITIES

Commodities
Gold1866.70+13.04
Silver22.10+0.36
Copper4.31-0.03
Palladium2007.00+22.00
Platinum955.00+2.00
Oil110.08-0.21
Heating Oil3.67+0.02
Natural Gas8.82+0.08

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