![MW-AM825_gold_b_20110920144617_MD](https://mikesmoneytalks.s3.us-west-2.amazonaws.com/wp-content/uploads/2011/09/01011246/MW-AM825_gold_b_20110920144617_MD.jpg)
Given gold’s stunning rise there are those who seem to think gold is in a bubble similar to the Nasdaq bubble of 1999-2000. Actually gold would have to be $3,200 an ounce, nearly double its current $1,800 if it was in the final stages of a bubble the way that the Nasdaq was at its top in March 2000. As you can see in the chart below: