Ever since the gold forum's been going there's been catastrophic predictions by the goldbugs - atomic war, pestilence, financial crashes, bankruptcies, debt, civil wars, running out of gold, Fort Knox empty, Italian and Greek sovereign defaults, South American implosions and dozens of other supposed catastrophes, but the gold price is still down 22% from 2011.
Goldbugs might like to check out World War 2, when a total of about 85,000,000 perished, countries were laid waste and government vaults were bare.
The gold price during World War 2 dropped 22%.
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