In the 70s bull run gold went from 25 to just shy of 200 dollars before a bear cycle set in and gold halved down to 100 dollars-then just as now there where the clowns who said it was all over-its a bubble-gold is going all the way back to 25 and nobody wanted to touch the shiny stuff
Skip forward a few decades to the current gold market and all you have to do is add a zero to the above mentioned figures
Gold started at 250 and went to just shy of 2000 dollars before a bear cycle set in and is now on it way down to 1000 dollars and the clowns will be out in force again
Triple bottoms rarely hold and when this one breaks at 1180 there will be panic with price targets at 1080 then 970 to end the bear cycle
Then will start one of the greatest bull markets of our times
From the 100 dollar low in the 70s gold exploded to 880 odd dollars in a few short years![]()
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"The GLD Gold Vault is Being Drained", page-57
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