GOLD 0.51% $1,391.7 gold futures

yeah - 74 - 76 matches the charts better. It is hard to find any...

  1. 12,826 Posts.
    lightbulb Created with Sketch. 6
    yeah - 74 - 76 matches the charts better.

    It is hard to find any analogue at the macro scale since the floating of the US dollar. Recessions of '74 and '80 were stagflation under two oil shocks. Although in inflation adjusted dollars it meant going from nearly free oil to peak prices even cheaper than oil is today, which itself is considered cheap compared to recent years.
 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.