Is a Bubble building in Gold?

In Financial Markets, herd mentality is in work. Investors always go by the herd.
Last year, they chased real estate and property prices shoot up world over and investors bought properties as though there is no tomorrow.

So, this effectively set up a stage for impending financial Bubble and that happened. Property prices fell all over the world. Many caught in the melee. Banks went bankrupt. Companies went bankrupt. Individual went bankrupt.

But still, herd mentality is in work. Now, the people are chasing Gold assets and it has effectively set the stage for the next financial Bubble, that is ‘Gold Bubble’.


Financial Bubbles are created when all of the investors who are interested in a particular asset want to get hold of it. Once the buying potential recedes, then a huge selling potential is created. Once prices start coming down, panic selling by all the investors push down the prices beyond its intrinsic value. This is how financial bubbles are burst.


The present price rise in gold reminds me of bubble is being built in it. It is likely to burst in another six months. The same story will happen again. Banks will go bankrupt. Companies will go bankrupt. And individuals will go bankrupt.

Let us see, if this happens shortly.

Is it worth giving Noble peace prize to Obama?

Is it worth giving Noble peace prize to Obama?



Ever before completing one year in office and even before any Major policy change by the US President, the Nobel Committee announced Nobel Peace prize.


Even before he performs, he was given the Nobel prize. I wont argue that he is unfit to get the award, he has all the qualifications to get it. Had he been given the award after 2 or 3 years in office, It would have been appreciated by the all quarters.


Many people of questioning the decision. Many feel it is pre mature and biased. I too astonishe on hearing that. I thought at that time, normally Nobel prize would be given to the achivements already done but here it is given that he will achieve those objectives in future.


Anywhere prizes will not be given for the things that will be done in the future. The awarding of Nobel prize to Obama seems like that. I don’t understand if there is no other person in the world is fit to get that award for this year.


But one thing is sure, as he has got the Nobel peace prize, we would not indulge in further military activities in anywhere in the world. From that angle, I really appreciate the Nobel prize Committee for awarding the prize to Obama.


But in the future, if Noble prizes are given in this manner, then it would surely show Nobel prize as laughing Stock and also it will loose its respect it is command among the people.

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