re: ***gold boom 1980s ? - 2 tom
(from another old fart)
Hi Tom,
Simplest thing is to view a chart I think.
Ergo .........
Obviously the spike came and went, but the difference is obvious and classical imo.
THe 80's thing was done on a parabolic spike .... quickly up, and then quickly back.
The chart shows, this time, a very big 'cup and saucer' formation.
Depth of the cup approximates the height of the rise, and it's going to come on a base that has been building for at least 9 years. Therefore, highly unlikely to be a 1 day/week/month wonder.
dub
(silver is going to be even better for longer for mine ... had to get a plug in!)
