Here is another history lesson.
When gold crashed in January 1980 from its spike high just below US$900 our Gold Index quickly corrected from a high near 700 to 500.
But gold then made a bear market rally and peaked later in 1980 in the low US$700s. As that bear market rally occurred our Gold Index rose 160% and peaked above 1300!!
So it is possible that gold shares might even rise 100% or more AFTER gold peaks in this generational bull market. Of course that is not guaranteed, but it is something to think about.
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Here is another history lesson. When gold crashed in January...
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