Stöferle: Talk of a Bubble in Gold is Just Fear-mongering – Nothing More

By: Lorimer Wilson, FinancialArticleSummariesToday.com

Many market participants and commentators are obviously having a hard time distinguishing between a bull market and a bubble. More and more articles are referring to the imminent burst of the “gold bubble” and to an alleged “crowded trade” but the facts quickly put such fear-mongering into perspective.

So said Ronald-Peter Stöferle of the Erste Group Bank AG in Vienna, Austria in a 71 page report* on gold he recently released. In an e-mail** he implored me to “to spread the (golden) word” which I have done below, in part, in a reformatted and edited [...] version for the sake of clarity and brevity (this article is only 4 pages long) to ensure a fast and easy read.

Stöferle Talk of a Bubble in Gold