VENICE – The run-up in gold prices in recent years – from $800 per ounce in early 2009 to above $1,900 in the fall of 2011 – had all the features of a bubble. And now, like all asset-price surges that are divorced from the fundamentals of supply and demand, the gold bubble is deflating.
发自威尼斯——黄金价格近年来的持续走高——从2009年初的800美元每盎司上升到了2011年秋的1900美元每盎司——拥有泡沫的一切特征。而如今，跟所有脱离了供需基本面的资产价格上涨现象一样，这个金色的泡沫终于开始破灭了。