If surging gold prices indicate concerns elsewhere in the global economy then the fact that gold has had its 'best year' (in terms of % price increases) since 1979, might be yet one more indicator that the AI bubble is approaching a bursting point...

If surging gold prices indicate concerns elsewhere in the global economy then the fact that gold has had its 'best year' (in terms of % price increases) since 1979, might be yet one more indicator that the AI bubble is approaching a bursting point...

But, equally optimists might argue that it was another eight years before a financial crisis hit after 1979's gold surge, so there's plenty of time for AI-related speculative gains yet...

A Christmas conundrum for us?

#AI #FinancialCrisis