You China bubble is wrong, there wont be a bubble, at least not in the short term because house prices have risen after a fall last year. Also the main buyers of houses pay cash and this means that the market is not similar to the US because their crash was caused by non performing loans, which in turn stopped banks from lending.

Everything else was great though, especially the gold, in the UK the amount of gold traders is getting ridiculous.

Education

University education worldwide is the next bubble to burst. The costs now far outweigh the benefits of going to university and when people start to realise that a degree is not worth so much money, the bubble will burst.

This article is so flawed. Obviously Gold is going up because our money, which is supposed to be backed by gold, has been counterfeited by the federal reserve. Gold IS Money. The writer of this article would rather put his faith in paper backed by the fed than historically sound money?

China isn't a bubble either. Their economy is about to take off, just like ours did. China will be the next world leader, wait & see. My advice is to ignore this guy & buy gold, etf's & bet big on China. Don't trust me, trust Ron Paul & Peter Schiff. 2 guys that predicted the housing bubble.

We are just in the beginning stages of the gold bubble. When people loose faith in the all might american dollar, they will look to sound money. Gold & silver will rally as those who hoarded dollars will be wiped out.

WOw, thats like the craziest thing Ihave ever seen

RT
www.online-privacy.int.tc

If the Dems have their way the next bubble will be healthcare. Gold won't pop until we start to re-industrialize and our money actually becomes worth something other than a reserve currency.

The next bubble will be healthcare. And gold isn't going down until we tighten our money supply and make it valuable again by selling products. Why was my post deleted?

@Chase, our money is not supposed to nor has been backed by gold for 39 years. On March 6th, 1971 Nixon eliminated the Gold Standard.

Was that a good idea? No, probably not but please have your facts straight or state them clearly...

@Chase
You obviously have no clue at all what you are talking about.

Gold is not money. Gold is a certain commodity which is valued for certain reasons.

Money is a proxy for goods and services. Gold is awkward as a proxy due to its physical characteristics. Paper is easier, electronic accts are even easier.

The basis and value for money is faith. USD is based on faith in the stability of the US Govt and banking system.

The largest inflationary force in the US economy is fractional-reserve lending, which has been scaled back after the housing bubble burst.

One of the best investments is education. Just be careful to get the best deal. My B.Sc. was almost free since I worked my way through and attended a state univ. (cheap and little loss of opportunity). My PMP was ~$500 by way of self-study. For the same qualifications I could have spent my way into massive debt.

BTW, I am long on the USD and looking for other opportunities.

Just FYI for the neo-liberal "economists" in favor of fiat currency, it's y'all that don't know what you're talking about. Chase has a good point.

gold is a bubble because it's overpriced compared to other commodities and precious metals like platinum and silver, nothing to do with dollars here.
and besides treasuries are highly correlated to the dollar so the author did mention the dollar bubble vis-a-vis treasuries, although personally, i think treasuries and the dollar are safe bets to go long

i was expecting to see commercial real estate, which is different than housing...

and the education bubble is in high priced private colleges. if you're paying like 10-15k a year at a state or community school, its not a bad deal at all. but 40k a year for a bachelors is a huge waste of money.

Every ounce of Gold that has been mined is still on the planet. It's not as if it's ever going to become MORE precious.

Something revolutionary in renewable energy will come along - sooner than you think - and completely change the dynamics of the global economy, once the combustion engine becomes a thing of the past and oil becomes useless.

Gold will pop, buy not before it hits 1500 or 2000 an ounce. Once it pops, though, it's gonna pop bad.

Wait till water is so scare they start trading it as a commodity. You never knew such fun.