We need to avoid a financial crisis...., page-5

QUOTE="siameseparrot, post: 17123956, member: 9466"]Gold does not soar, it crashes during nearly every financial crisis.

For example:

1. During the 1974-1976 OPEC crisis the stock market melted down 40% in a terrible recession. Gold did not rise. It crashed about 50%.

2. When gold soared to its January 1980 high it was not alone. Commodities were booming and the stock market was NOT crashing, but holding its own in a trading range.

3. Gold fell by 40% during the 2008/09 financial meltdown. [/QUOTE]

Gold went to 1900US. You have a different definition of crashing than I do.
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