Emphasis mine. But? That's exactly what a bubble is- a rise in price attracts people solely because the price is rising, which creates a bubble.Billionaire financier George Soros, echoing comments from investment guru Warren Buffett, last month described gold as the "ultimate bubble" because it is costly to dig up and has no real value except its market price.
But a rising price for the precious metal has in itself generated more and more demand from investors looking for a way to hedge against a fresh recession.
At least the article has three people recommending against gold- but when I see lines like that right next to each other I just have to point it out.