Gold Price Bubble – Will Gold keep rising fast?

You probably think gold is in a gold price bubble. After all, it hit new highs in dollars, pounds and euros this week – and has pretty much quintupled since its lows of 2001.

What's more, everyone from Germany to China is still nuts for it. Earlier in the week, the FT reported that the Germans have been snapping up coins and gold bars faster than they did even in the aftermath of the Lehman Brothers' collapse. In the UAE, you can buy bars direct from a vending machine. At Harrods, you can pick up a variety of gold coins over the counter. And – as the gold bears are keen to point out – you can see ads for the purchase of gold all over TV.

But look at the actual price of gold and it is hard to see real evidence of a gold bubble. Gold may have hit new highs in nominal terms, but it hasn't come close to hitting its old highs in real terms. Adjust the 1980 high of $850 for US inflation and you get a price of around $2,400 – a level only the most bullish are predicting even now.

Then look to the last few years. The bears would have you believe that the gold price has somehow gone "parabolic". But, in fact, the price in US dollars has only risen around 25% in the last two years.   Read more

Gold Price and Silver Price in One place

I’m a big Gold Bug and own gold bullion, coins and some ETF investments. The problem is it was quite hard to find a place to see the gold price in real time, updated 24 hours a day.

This site, Invest in Gold, shows the price of gold and silver. It also has news on gold miners, silver miners and other ways to invest. There is a monthly competition that you can enter by signing up for the newsletter, which in itself is a very good read.

Have a look and tell me what you think here…

WSOP 2010: World Series Of Poker - How To Qualify For a Free Place

The World Series of Poker 2010 (WSOP 2010) begins on 28 May 2010 at the Rio Hotel and Casino in Las Vegas. This year marks the 41^st running of the competition, having been held on an annual basis since 1970.
The event contains many different tournaments over almost every imaginable version of poker. The No-Limit Hold’em begins on 5 July 2010. From this date until 17 July 2010, play is whittled down to 9 players who reconvene in November for a chance to become the tournament winner, an accolade commonly regarded to be the poker world champion for that year.

How to qualify for WSOP 2010 for free

Event number 57 is the No-Limit Hold’em Championship, unquestionably the main event and the one for which WSOP 2010 will be renowned. The buy-in for this tournament is usually $10,000 but it is possible to qualify for free.  Read more at WSOP 2010 ...