According to Marc Faber gold is not in a bubble. He believes that It wasn’t in a bubble also in 1973, either, but it still corrected by 40% back in that period. He is not even sure it's near a bubble ... Marc points out that in a bubble the majority of people and investors are not only invested but overinvested in a specific asset. Still Marc mentions that there was a bubble in 1979–1980, when the whole world was trading buying and selling gold 24-hours a day,worldwide. Today less than 1.5% of all assets are invested in gold and the public is under invested.