Marc Faber thinks you should wait until gold drops to $800 dollars an ounce before you buy any.
Personally, I don't think we'll ever see gold go below $1,000 dollars ever again. However, Dr Faber is a very rich man and I am a very poor man, so maybe he knows something about IMF and World Bank policies that I don't, so I wouldn't entirely rule out a very short-term drop below a thousand again.
In the meantime, however, not being the greatest market timer in the world, I'm going to keep buying gold with every spare penny I have.
It's only a bubble when every idiot in the street is buying into it, and as Mark Dice has found, there are still plenty of zombies out there who think gold is only something you wrap chocolate sweets in.