By Daily Crux Editor Justin Brill:

Several months ago, we told you the biggest reason gold could enter a mania phase is that people can easily claim "this time it's different."

This is the tagline of every great investment mania… and an excuse to pay any price for an asset. After all, if "this time is different," then it's nearly impossible to accurately value something.

This recent WSJ piece is looking at just this idea: What is an ounce of gold really worth?

The answer is, "nobody really knows."

As governments around the world continue to increase the supply of credit at incredible rates, there's really no good way of gauging what gold is worth if millions of people flock to the metal. Best to just own some and hold on for the ride.

Read full article for more on the potential "gold bubble."

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