$30 support, page-28

For youngsters who were not there in 1980 ,Thatcher & Reagan initiated a decades long boom. You could get long term deposits in Channel Island banks between 10 & 15 %
so naturally people got out of gold. Volcker in US put up the interest rates & the boom was so great it had little
dampening effect. We had the grim years of Callahan & Labour before this & back to the war. But today UK & US
are in dire straits & would collapse if Bernanke tried to
inflate further.In late 80s or early 90s my mortgage was about 20%.

Also in 1980 there were huge quantities of physical silver
from confiscating coinage from places like US,UK,Oz, & the
former Nationalist China. These hoards have now gone.
China,Russia,India& Turkey were poor cousins in those days not buying like today. Again, there was no internet exchange of knowledge, so one was opeerating in the dark. It was no good having physical in a Swiss bank
if you didn't realise you were having a Wiley E. Coyote moment prior to falling off a cliff.

I do look forward to March when I hope it's JPMorgan, GS,
HSBC, & euro banks falling off the cliff, preferably with
me not attached like a lead weight or concrete wellies to them.