Gold 1966 – 1980 and Now
While gold is making new highs it still has a long way to go to match the performance experienced between 1966 and 1980. To match that performance gold would have to reach $5,800. However, what needs to be taken into account is that the previous bull market was largely a North American phenomenon whereas this time it is global with China, India Russia and Brazil participating.
Read: Last Hard Asset Bull Comparisons
For further information, visit: “Bullion Management Group Inc. or “BMG Bullion Market Insights“
Gold 1966 – 1980 and Now was first posted on July 15, 2011 at 6:00 am.
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