GOLD 0.51% $1,391.7 gold futures

gold, page-49536

  1. 33,126 Posts.
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    History repeats itself in the markets all the time. In 1980 gold peaked at $870, 21 years later there was a double bottom at $260, a drop of 70%.

    If it's the same this time gold will drop to $576 in 2032. A wild guess - but here's 2 charts one from the 1980 crash and the second one from the 2011 crash, with the same time periods applied, do you think they look vaguely similar?



    https://hotcopper.com.au/data/attachments/1494/1494882-95103f76ef7535ecef2eb70fb62f5481.jpg

    https://hotcopper.com.au/data/attachments/1494/1494887-5fd7be59146488e1cf1e03174b5f950c.jpg


    Last edited by Skol: 06/04/19
 
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