That BOOM is the bursting of another investment bubble, this time in precious metals. The winners will be the dealers who sell this stuff to the suckers.
gold is money, not an asset. There is something clearly wrong with the $.
The BOOM is a result of the dollar bubble bursting. Paper and ink can’t compare to something of intrinsic value. The properties of the metals themselves are what make them valuable. Paper is still paper in the end, when it doesn’t represent anything other than goodwill on the part of a bank.