Thursday, February 16, 2012

Warren Buffett: The Speculative Bubble in Gold

As usual the Sage of Omaha Warren Buffett is a great teacher (Everyone is dsylexic about spelling his name!)

The way Buffett explain the Gold Bubble is perfectly explained in a NaviMap. Can't believe that it has been so many years since I worked on this stuff.

Here reproduced from a presentation I gave to the now defunct Swiss startup ThinkTools. It is normative for a counterbalancing loop to form between Box 2 and Box 3, but in the presence of Box 1, a reinforcing loop is created....

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