Long secular bull markets in any asset class tend to fool us into believing their prices only go up. Tulip bulbs, Beanie Babies, baseball cards, Florida real estate, internet stocks. And they do only go up and it's exciting - until their bubbles implode. Gold has one of the clearest patterns of long trends in both directions that convince investors they are endless.
Long secular bull markets in any asset class tend to fool us into believing their prices only go up. Tulip bulbs, Beanie Babies, baseball cards, Florida real estate, internet stocks. And they do only go up and it's exciting - until their bubbles implode. Gold has one of the clearest patterns of long trends in both directions that convince investors they are endless.
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