Sunday, 26 September 2010

A History of 50 Investment Bubbles

With the price of gold and silver scaling new heights recently, how does this performance compare against historical bubbles that formed and burst? Tulipmania in Holland during the 1600's and the South Sea bubble of 1720 spring to mind... the graphic below (Sharelynx.com) shows 50 historic bubbles from days gone by.

In this context, the chart shows that this current bull market in the precious metals is barely off the ground compared to other bubbles.

Double click on the image to enlarge...