I've been saying for a few years that gold is a bubble. I've argued with some people who keep telling me the dollar is going to collapse and that gold is the way to go. Which of course is false, and look at the recent collapse of gold in the past month. On average analysts think gold will go up 29% in 2013 (of course they thought it'd go up in 2012 as well so...) When things start getting traded via informericals or on glen beck spouting gold like they did flipping houses you know it's a bubble.
Anyway this isn't new. Thought this was perfect an advertisement from 1973 in Barrons.