Skol commented
"They'd be mortgaging their houses and throwing everything at it, just like 1987, until the chickens finally came home to roost."
Participation in the gold market in 1987 was miniscule compared to today, because 1987 was 7 yrs into a 20 YEAR BEAR MARKET.
The public were buying the stock market up to 1987, very few were buying gold.
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