5 centuries of bubbles and bursts

History is replete with financial frenzies that seem ridiculous in hindsight, but were viewed as anything but at the time.

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2008-present: Gold Rush III
Investors turned to gold when they thought the global economy was in trouble. But even as it became clear the world wasn't going to end, gold kept rising - and now trades above $1,100 an ounce.

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Last updated January 06 2010: 5:25 PM ET
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