Gold Bubble: Is Gold the Next Bubble?

Gold Bubble: Is Gold the Next Bubble?

After Stock market, Housing and IT, many economists believe that the Gold is the Next Bubble. And they have the logical reasons behind it.

India is world’s largest consumer of Gold but if we talk about the Gold Imports in India than since last 6 months, it is almost Nil in comparison to 18-20 Tonnes per quarter last year.

The main reason behind the current Gold Bubble is, because the US Government is printing more and more money and pushing it into the economy and that’s why Investors loose confidence over Dollar Assets and invest vigorously in the Gold.

And that’s why the Gold price is touching the sky. In fact, this is purely a Bubble because in reality, the Demand for Gold has not been increased but it is decreased instead. So this Bubble will sustain only up to the US Government will stop printing money and start absorbing the liquidity from the economy.

The price of this precious metal can sustain this much level only if there is such a huge demand for this yellow metal in the economy. Otherwise, the Gold price can not sustain this much astronomically high level.

Thus, The Gold Bubble has to burst….!!!