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This survey will conclude that the latest housing boom has inflated bubbles in several countries, notably America, Australia, Britain, Ireland, the Netherlands and Spain.
ECONOMIST: House of cards | The
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The power of Wall Street, in effect, to corner markets worldwide in vital basic commodities, has played havoc with the business cycle and has fostered bubbles, allowing them to occur more often and with ever increasing amplitudes.
FORBES: Commodity Bubble Redux In Full Effect
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On the other hand, it seems sensible for investors to have an alternative bolthole to gold, an asset that delivers no yield at all, is very difficult to value, has risen sixfold from its 2001 low and which attracts the kind of public enthusiasm that has marked bubbles in other assets.
ECONOMIST: Buttonwood: Swiss gold | The