Gold rally signals end for asset price bubble

There are two commodities that stop traders from thinking straight: oil and gold. Oil already has ev...

There are two commodities that stop traders from thinking straight: oil and gold. Oil already has everyone worried about a return to the depressed 1970s. Now it is the turn of gold. In the past few weeks, the shiny, hard metal has sprung to life and is at levels unseen for almost two decades, raising the value of mining giants such as Anglo American. Whatever the financial jeremiahs may think, the gold rally isn't telling us that the global economy is about to descend into hyperinflation. Nor is it saying paper money is worthless and people are hoarding something more reliable. It just te...