---
title: "Meaning & Key Takeaway of: I called gold the ultimate bubble, which…"
description: "\"I called gold the ultimate bubble, which means it may go higher. But it’s certainly not safe and it’s not going to last forever.\" — George Soros"
image: "https://sms4smile.com/quotes/i/745/george-soros-1593_bubbles_i-called-gold-the-ultimate-bubble-which_1321497.jpg"
---

#  I called gold the ultimate bubble, which means it may go…

![“I called gold the ultimate bubble, which means it may go higher. But it’s certainly not safe and it’s not going to last forever.” quote by George Soros](https://sms4smile.com/quotes/i/745/george-soros-1593_bubbles_i-called-gold-the-ultimate-bubble-which_1321497.jpg)   [Download](https://sms4smile.com/quotes/i/745/george-soros-1593_bubbles_i-called-gold-the-ultimate-bubble-which_1321497.jpg) [Open image](https://sms4smile.com/quotes/i/745/george-soros-1593_bubbles_i-called-gold-the-ultimate-bubble-which_1321497.jpg)

> “I called gold the ultimate bubble, which means it may go higher. But it’s certainly not safe and it’s not going to last forever.”

[George Soros](https://sms4smile.com/quotes/author/george-soros/)

## About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Gold is viewed as a speculative asset that can rise sharply but is inherently risky and unsustainable.

**In simple terms:** Gold can rise but is risky.

Key Takeaway

Treat gold cautiously.

Themes

finance speculation risk markets

Mood

cautious analytical

Type

financial cautious

When to use this quote

- investment decisions
- portfolio diversification
- wealth preservation
- risk assessment

Key Concepts

bubble theory asset cycles inflation hedging

Questions to Reflect On

- How do you balance potential gains with inherent risk?
- What alternatives offer safer long‑term value?

A Different Perspective

Gold’s price can be volatile and may crash unexpectedly.

★ ★ ★ ★ ★   No ratings yet

[Bubble](https://sms4smile.com/quotes/about/bubble/) [Bubble Means](https://sms4smile.com/quotes/about/bubble-means-799031/) [Bubbles](https://sms4smile.com/quotes/about/bubbles/) [Called Gold](https://sms4smile.com/quotes/about/called-gold-3431753/) [Forever](https://sms4smile.com/quotes/about/forever/) [Gold](https://sms4smile.com/quotes/about/gold/) [Gold Ultimate](https://sms4smile.com/quotes/about/gold-ultimate-2407676/) [Higher](https://sms4smile.com/quotes/about/higher/) [Investing](https://sms4smile.com/quotes/about/investing/) [Last forever](https://sms4smile.com/quotes/about/last-forever/) [Lasts](https://sms4smile.com/quotes/about/lasts/) [May](https://sms4smile.com/quotes/about/may/) [Mean](https://sms4smile.com/quotes/about/mean/) [Safe](https://sms4smile.com/quotes/about/safe/) [Ultimate](https://sms4smile.com/quotes/about/ultimate/) [Ultimate Bubble](https://sms4smile.com/quotes/about/ultimate-bubble-4406185/)

## Related quotes

> [I don't even know what that means. People who get credit have to get it from somewhere. Does a credit bubble mean that people…](https://sms4smile.com/quotes/eugene-fama/i-don-t-even-know-what-that-means-people-who-get-credit-have-to-get/)

[Eugene Fama](https://sms4smile.com/quotes/author/eugene-fama/)

> [I don't know what a credit bubble means. I don't even know what a bubble means. These words have become popular. I don't think…](https://sms4smile.com/quotes/eugene-fama/i-don-t-know-what-a-credit-bubble-means-i-don-t-even-know-what-a/)

[Eugene Fama](https://sms4smile.com/quotes/author/eugene-fama/)

> [I love Australia. I love coming here, I love playing here and I love the support. It's my passion to hopefully one day be…](https://sms4smile.com/quotes/alex-de-minaur/i-love-australia-i-love-coming-here-i-love-playing-here-and-i-love/)

[Alex de Minaur](https://sms4smile.com/quotes/author/alex-de-minaur/)

> [The ultimate asset bubble is gold.](https://sms4smile.com/quotes/george-soros/the-ultimate-asset-bubble-is-gold/)

[George Soros](https://sms4smile.com/quotes/author/george-soros/)

> [Every bubble has two components: something - some real trend, and a misconception about that trend.](https://sms4smile.com/quotes/george-soros/every-bubble-has-two-components-something-some-real-trend-and-a/)

[George Soros](https://sms4smile.com/quotes/author/george-soros/)

> [“A half-dead thing in a stark, dead world, clean mad for the muck called gold; While high overhead, green, yellow and red, the North…](https://sms4smile.com/quotes/robert-w-service/a-half-dead-thing-in-a-stark-dead-world-clean-mad-for-the-muck-called/)

[Robert W. Service](https://sms4smile.com/quotes/author/robert-w-service/)

> [“A half-dead thing in a stark dead world, clean mad for the muck called gold.”](https://sms4smile.com/quotes/robert-w-service/a-half-dead-thing-in-a-stark-dead-world-clean-mad-for-the-muck-called-2/)

[Robert W. Service](https://sms4smile.com/quotes/author/robert-w-service/)

> [Fraud and deceit have been practiced since the beginning of history...Brass has been called gold; glass has been sold as diamonds; and poison has…](https://sms4smile.com/quotes/john-andreas-widtsoe/fraud-and-deceit-have-been-practiced-since-the-beginning-of-history/)

[John Andreas Widtsoe](https://sms4smile.com/quotes/author/john-andreas-widtsoe/)

> [I am called a gold digger all the time. I don't care. There is nothing you can do about what other people say.](https://sms4smile.com/quotes/anna-benson/i-am-called-a-gold-digger-all-the-time-i-don-t-care-there-is-nothing/)

[Anna Benson](https://sms4smile.com/quotes/author/anna-benson/)

> [Bill Clinton was for NAFTA. I heard him over in Tokyo he came out all said it was a great bill. Secretary Clinton was…](https://sms4smile.com/quotes/chris-matthews/bill-clinton-was-for-nafta-i-heard-him-over-in-tokyo-he-came-out-all/)

[Chris Matthews](https://sms4smile.com/quotes/author/chris-matthews/)

> [Commerce has set the mark of selfishness, the signet of its all-enslaving power, upon a shining ore, and called it gold: before whose image…](https://sms4smile.com/quotes/percy-bysshe-shelley/commerce-has-set-the-mark-of-selfishness-the-signet-of-its-all/)

[Percy Bysshe Shelley](https://sms4smile.com/quotes/author/percy-bysshe-shelley/)

> [I live in my own bubble. I'm in Gublerland.](https://sms4smile.com/quotes/matthew-gray-gubler/i-live-in-my-own-bubble-i-m-in-gublerland/)

[Matthew Gray Gubler](https://sms4smile.com/quotes/author/matthew-gray-gubler/)

> [For the last year, I had to get out of my bubble.](https://sms4smile.com/quotes/tony-sunshine/for-the-last-year-i-had-to-get-out-of-my-bubble/)

[Tony Sunshine](https://sms4smile.com/quotes/author/tony-sunshine/)

> [But there's the beauty of life beyond the bubble. It's possible for someone to see your wicked bits and still love you.](https://sms4smile.com/quotes/kristin-chenoweth/but-there-s-the-beauty-of-life-beyond-the-bubble-it-s-possible-for/)

[Kristin Chenoweth](https://sms4smile.com/quotes/author/kristin-chenoweth/)

> [ What, if as said, man is a bubble. \[Lat., Quod, ut dictur, si est homo bulla, eo magis senex.\] ](https://sms4smile.com/quotes/marcus-terentius-varro/what-if-as-said-man-is-a-bubble-lat-quod-ut-dictur-si-est-homo-bulla/)

[Marcus Terentius Varro](https://sms4smile.com/quotes/author/marcus-terentius-varro/)

## More by George Soros

> [Merkel has realized that the euro is not working, but she cannot change the narrative she has created because that narrative has caught the…](https://sms4smile.com/quotes/george-soros/merkel-has-realized-that-the-euro-is-not-working-but-she-cannot/)

[George Soros](https://sms4smile.com/quotes/author/george-soros/)

> [At times of recession, running a budget deficit is highly desirable. Once the economy begins to recover, you have to balance the budget. But…](https://sms4smile.com/quotes/george-soros/at-times-of-recession-running-a-budget-deficit-is-highly-desirable/)

[George Soros](https://sms4smile.com/quotes/author/george-soros/)

> [Markets are designed to allow individuals to look after their private needs and to pursue profit. It's really a great invention and I wouldn't…](https://sms4smile.com/quotes/george-soros/markets-are-designed-to-allow-individuals-to-look-after-their-private/)

[George Soros](https://sms4smile.com/quotes/author/george-soros/)

> [We must not forget; but we must forgive. Suffering often such compassion from the Jewish community. It was Jewish groups in the US who…](https://sms4smile.com/quotes/george-soros/we-must-not-forget-but-we-must-forgive-suffering-often-such/)

[George Soros](https://sms4smile.com/quotes/author/george-soros/)

> [I very often used to get backaches due to the fact that I was wrong. Whenever you are wrong you have to fight or…](https://sms4smile.com/quotes/george-soros/i-very-often-used-to-get-backaches-due-to-the-fact-that-i-was-wrong/)

[George Soros](https://sms4smile.com/quotes/author/george-soros/)

> [We are the most powerful nation on earth. No external power, no terrorist organization can defeat us. But we can defeat ourselves by getting…](https://sms4smile.com/quotes/george-soros/we-are-the-most-powerful-nation-on-earth-no-external-power-no/)

[George Soros](https://sms4smile.com/quotes/author/george-soros/)

> [Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected.](https://sms4smile.com/quotes/george-soros/markets-are-constantly-in-a-state-of-uncertainty-and-flux-and-money/)

[George Soros](https://sms4smile.com/quotes/author/george-soros/)

> [What works for Germany can't work for the rest of Europe: No country can run a chronic surplus without others running deficits.](https://sms4smile.com/quotes/george-soros/what-works-for-germany-can-t-work-for-the-rest-of-europe-no-country/)

[George Soros](https://sms4smile.com/quotes/author/george-soros/)

> [If truth be known, I carried some rather potent messianic fantasies with me from childhood which I felt I had to control, otherwise I…](https://sms4smile.com/quotes/george-soros/if-truth-be-known-i-carried-some-rather-potent-messianic-fantasies/)

[George Soros](https://sms4smile.com/quotes/author/george-soros/)

> [Find the trend whose premise is false, and bet against it.](https://sms4smile.com/quotes/george-soros/find-the-trend-whose-premise-is-false-and-bet-against-it/)

[George Soros](https://sms4smile.com/quotes/author/george-soros/)

> [ We \[at Soros Fund Management\] use options and more exotic derivatives sparingly. We try to catch new trends early and in later stages we… ](https://sms4smile.com/quotes/george-soros/we-at-soros-fund-management-use-options-and-more-exotic-derivatives/)

[George Soros](https://sms4smile.com/quotes/author/george-soros/)

> [“On the abstract level, I have turned the belief in my own fallibility into the cornerstone of an elaborate philosophy. On a personal level,…](https://sms4smile.com/quotes/george-soros/on-the-abstract-level-i-have-turned-the-belief-in-my-own-fallibility/)

[George Soros](https://sms4smile.com/quotes/author/george-soros/)

> [The main difference between me and other people who have amassed this kind of money is that I am primarily interested in ideas, and…](https://sms4smile.com/quotes/george-soros/the-main-difference-between-me-and-other-people-who-have-amassed-this/)

[George Soros](https://sms4smile.com/quotes/author/george-soros/)

> [By creating the European Central Bank, the member states exposed their own government bonds to the risk of default. Developed countries that issue bonds…](https://sms4smile.com/quotes/george-soros/by-creating-the-european-central-bank-the-member-states-exposed-their/)

[George Soros](https://sms4smile.com/quotes/author/george-soros/)

> [Every bubble has two components: something - some real trend, and a misconception about that trend.](https://sms4smile.com/quotes/george-soros/every-bubble-has-two-components-something-some-real-trend-and-a/)

[George Soros](https://sms4smile.com/quotes/author/george-soros/)

[Explore all 225 George Soros quotes ](https://sms4smile.com/quotes/author/george-soros/)

## More Bubble quotes

> [What we're supposed to do as actors is be able to portray real human beings and emotions. And if you grow up in this…](https://sms4smile.com/quotes/emily-browning/what-we-re-supposed-to-do-as-actors-is-be-able-to-portray-real-human/)

[Emily Browning](https://sms4smile.com/quotes/author/emily-browning/)

> [“Recluses won’t find purpose living out their days in a sacred bubble. Partake in commerce, start working out, volunteer, go on a mission. Do…](https://sms4smile.com/quotes/m-j-demarco/recluses-won-t-find-purpose-living-out-their-days-in-a-sacred-bubble/)

[M.J. DeMarco](https://sms4smile.com/quotes/author/m-j-demarco/)

> [“But you couldn't unpop a bubble.”](https://sms4smile.com/quotes/kami-garcia/but-you-couldn-t-unpop-a-bubble/)

[Kami Garcia](https://sms4smile.com/quotes/author/kami-garcia/)

> [I don't even know what that means. People who get credit have to get it from somewhere. Does a credit bubble mean that people…](https://sms4smile.com/quotes/eugene-fama/i-don-t-even-know-what-that-means-people-who-get-credit-have-to-get/)

[Eugene Fama](https://sms4smile.com/quotes/author/eugene-fama/)

> [You know, as an only child, you're kind of in a bubble, and there are all sorts of things about my childhood that I…](https://sms4smile.com/quotes/anonymous/you-know-as-an-only-child-you-re-kind-of-in-a-bubble-and-there-are/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [“As a bubble you cannot change the world, this is obvious, but you can still make a child happy! Even the most worthless things…](https://sms4smile.com/quotes/mehmet-murat-ildan/as-a-bubble-you-cannot-change-the-world-this-is-obvious-but-you-can/)

[Mehmet Murat ildan](https://sms4smile.com/quotes/author/mehmet-murat-ildan/)

> [The media bubble is the ultimate symbol of what's wrong with this country.](https://sms4smile.com/quotes/steve-bannon/the-media-bubble-is-the-ultimate-symbol-of-what-s-wrong-with-this/)

[Steve Bannon](https://sms4smile.com/quotes/author/steve-bannon/)

> [When I found out about being cast in 'Spider-Man,' it was like this bubble developed around me. I was floating in it for a…](https://sms4smile.com/quotes/andrew-garfield/when-i-found-out-about-being-cast-in-spider-man-it-was-like-this/)

[Andrew Garfield](https://sms4smile.com/quotes/author/andrew-garfield/)

> [Trump has manufactured the first-ever Celebrity Immunity Bubble - rendering him incapable of offense, no matter whom he offends. It's brilliant.](https://sms4smile.com/quotes/greg-gutfeld/trump-has-manufactured-the-first-ever-celebrity-immunity-bubble/)

[Greg Gutfeld](https://sms4smile.com/quotes/author/greg-gutfeld/)

> [ “The Bradford Exchange—a knockoff of \[Joseph\] Segel’s \[Franklin Mint\] business—created a murky secondary market for its collector plates, complete with advertisements featuring its “brokers”… ](https://sms4smile.com/quotes/zac-bissonnette/the-bradford-exchange-a-knockoff-of-joseph-segel-s-franklin-mint/)

[Zac Bissonnette](https://sms4smile.com/quotes/author/zac-bissonnette/)

> [It was 1999, and we were building a way for college kids to create online profiles for the purpose of sharing... with employers. Oops.…](https://sms4smile.com/quotes/eric-ries/it-was-1999-and-we-were-building-a-way-for-college-kids-to-create/)

[Eric Ries](https://sms4smile.com/quotes/author/eric-ries/)

> [The end of the 'tech bubble' in the year 2000 is, of course, widely recognized, as the NASDAQ stock index erased three-quarters of its…](https://sms4smile.com/quotes/david-autor/the-end-of-the-tech-bubble-in-the-year-2000-is-of-course-widely/)

[David Autor](https://sms4smile.com/quotes/author/david-autor/)

> [It's like simulating earthquakes: we can over and over study a bubble, crash, bubble, crash. Then we can see mathematically if there's some regular…](https://sms4smile.com/quotes/colin-camerer/it-s-like-simulating-earthquakes-we-can-over-and-over-study-a-bubble/)

[Colin Camerer](https://sms4smile.com/quotes/author/colin-camerer/)

> [Only lets certain people in his bubble...you know who u r...so come on in...if your not one of them...stay the HELL OUT!!!](https://sms4smile.com/quotes/nishan-panwar/only-lets-certain-people-in-his-bubble-you-know-who-u-r-so-come-on-in/)

[Nishan Panwar](https://sms4smile.com/quotes/author/nishan-panwar/)

> [Every bubble has two components: something - some real trend, and a misconception about that trend.](https://sms4smile.com/quotes/george-soros/every-bubble-has-two-components-something-some-real-trend-and-a/)

[George Soros](https://sms4smile.com/quotes/author/george-soros/)

[Browse all 325 Bubble quotes ](https://sms4smile.com/quotes/about/bubble/)

```json
{
    "@context": "https://schema.org",
    "@graph": [
        {
            "@type": "Quotation",
            "text": "I called gold the ultimate bubble, which means it may go higher. But it’s certainly not safe and it’s not going to last forever.",
            "creator": {
                "@type": "Person",
                "name": "George Soros"
            },
            "isPartOf": {
                "@id": "https://sms4smile.com/quotes/#website"
            },
            "url": "https://sms4smile.com/quotes/george-soros/i-called-gold-the-ultimate-bubble-which-means-it-may-go-higher-but-it/",
            "about": {
                "@type": "Thing",
                "name": "Bubble"
            },
            "@id": "https://sms4smile.com/quotes/george-soros/i-called-gold-the-ultimate-bubble-which-means-it-may-go-higher-but-it/#quotation",
            "image": {
                "@type": "ImageObject",
                "@id": "https://sms4smile.com/quotes/i/745/george-soros-1593_bubbles_i-called-gold-the-ultimate-bubble-which_1321497.jpg",
                "contentUrl": "https://sms4smile.com/quotes/i/745/george-soros-1593_bubbles_i-called-gold-the-ultimate-bubble-which_1321497.jpg",
                "url": "https://sms4smile.com/quotes/i/745/george-soros-1593_bubbles_i-called-gold-the-ultimate-bubble-which_1321497.jpg",
                "width": 1080,
                "height": 1080,
                "caption": "“I called gold the ultimate bubble, which means it may go higher. But it’s certainly not safe and it’s not…” — George Soros",
                "creditText": "SMS4Smile Quotes",
                "creator": {
                    "@id": "https://sms4smile.com/quotes/#organization"
                }
            }
        },
        {
            "@type": "BreadcrumbList",
            "itemListElement": [
                {
                    "@type": "ListItem",
                    "position": 1,
                    "name": "Home",
                    "item": "https://sms4smile.com/"
                },
                {
                    "@type": "ListItem",
                    "position": 2,
                    "name": "Quotes",
                    "item": "https://sms4smile.com/quotes/"
                },
                {
                    "@type": "ListItem",
                    "position": 3,
                    "name": "George Soros",
                    "item": "https://sms4smile.com/quotes/author/george-soros/"
                },
                {
                    "@type": "ListItem",
                    "position": 4,
                    "name": "I called gold the ultimate bubble,...",
                    "item": "https://sms4smile.com/quotes/george-soros/i-called-gold-the-ultimate-bubble-which-means-it-may-go-higher-but-it/"
                }
            ],
            "@id": "https://sms4smile.com/quotes/george-soros/i-called-gold-the-ultimate-bubble-which-means-it-may-go-higher-but-it/#breadcrumb"
        },
        {
            "@type": "WebSite",
            "@id": "https://sms4smile.com/quotes/#website",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "publisher": {
                "@id": "https://sms4smile.com/quotes/#organization"
            }
        },
        {
            "@type": "Organization",
            "@id": "https://sms4smile.com/quotes/#organization",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "logo": {
                "@type": "ImageObject",
                "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png",
                "width": 512,
                "height": 512
            }
        }
    ]
}
```
