The gold price is rising steadily since about a decade – with an additional boost from 2008. From a scientific point of view everything speaks otherwise arise for a speculative bubble, which is based mainly on questionable psychological assumptions. The question is not if but when this bubble bursts. For eleven years the gold price [...]

The gold price has seen in recent weeks, a constant up and down. Looking at the price action since October, it is obvious that took place starting from around 1,600 U.S. dollars per troy ounce by early November, an increase of up to 1,800 U.S. dollars, only to correct up to about 1650 U.S. dollars [...]