In case folks are too young to remember, or haven't seen a chart, gold corrected from US$190 in December 1974 to a low of US$110 in August 1976, including a 20% fall in the last 2 months.
That, we were told, was the end of gold's run from US$35, which was where gold was heading back to.
Of course, in January 1980, gold hit nearly US$900 an ounce.
- Forums
- ASX - By Stock
- GOLD
- we were told gold was finished in 1976 ...
we were told gold was finished in 1976 ...
-
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)