It’s fascinating to see that the current gold bull market shares a very similar pattern – to this point – of the ‘70s gold market. 1970s: US$35 in 1971 to US$180 in 1974 (414 percent gain) What the '70s bull run can teach us about today's gold market Jun 15, 2011 · What the '70s bull run can teach us about today's gold market The price of gold has been rising for a decade. The last time we saw a run like this was in the 1970s. Currency crises, over-leverage and ... - World Gold Council Currency crises, bond bull markets and commodity bull runs rarely occur independently of one another. Indeed, a gold bull market usually arises when more than one paradigm is in evidence. Nonetheless, one tends to be dominant in each bull cycle. Prospects for gold: … Gold Bulls’ Three Stages Extrapolating today’s bull-market data on a 1970s-style gold parabola, gold could easily shoot from $1000 to over $3500 if the public enters and ignites a popular speculative mania. This massive 250% gain in Stage Three alone is roughly twice as great as Stage Two’s 134% and four times as great as Stage One’s 66%! As the parabola model
With the U.S. economy already at or near full-employment, inflation will rise over the final 1-2 years of this economic expansion and bull market in stocks. Historically, rising inflation is long term bullish for precious metals. Here’s rising inflation in the late 1970s. Here’s gold in the late 1970s
The Gold Bull Market Is Over - Just Like In 1976 | Hard ... Dec 19, 2013 · The Gold Bull Market Is Over – Just Like In 1976. Hard Assets Alliance Team; December 19, 2013; after having scorned gold investments during the bargain days of the late 1960s and early 1970s, made a great display of arriving late at the party.” New York Times, September 12. Why I'm buying gold and silver (mostly silver) - Bull Markets With the U.S. economy already at or near full-employment, inflation will rise over the final 1-2 years of this economic expansion and bull market in stocks. Historically, rising inflation is long term bullish for precious metals. Here’s rising inflation in the late 1970s. Here’s gold in the late 1970s Internet impacting gold-silver bull market | CMI Gold & Silver The more people following the market and able to participate, the greater the potential of the market to reach unbelievable heights, as did the great gold-silver bull market of the 1970s, which climaxed January 20, 1980, with gold hitting $850 and silver $50. Here Is A Remarkable Roadmap For The Coming Skyrocketing ...
The 1970s stagflation: is it about to repeat? | Kitco News
Bullion Bull Markets Past & Potential. During the western world driven 1980 bullion bull market record price highs, all four precious metals traded on futures exchanges saw huge value gains beginning in the early 1970s up to the first few months of 1980. The first bull wave we witnessed for gold and silver specifically was similar to The Case For A Long-Term Bull Market In Gold | Stock News ... The Direxion Daily Junior Gold Miners Bull 3X ETF amplifies the move of the Market Vectors Junior Gold Miners index by 300%. JNUG, currently around 20.28 following a reverse 1-for-4 split in May Bulls and Bears: Tales of the Zoo: The 1970s gold bull market Jun 21, 2006 · The 1970s gold bull market 0 comments (P.S: Sorry for any disturbances the advertisements above may have caused you) Among all metals gold retains a mystical quality, with centuries of its symbolic value behind the common perception of it being the ultimate currency. This perception means that the metal retains its real value well; one would Major gold bull markets are rare, but some investors bet ...
Nov 30, 2017 · What happened in the 1970s, as indicated by the oval, is again underway as we can see with this second oval marking the gold price in this 21st century. I expect that this leg of gold’s bull market will eventually take the gold price up to its $11,000 per ounce fair value. Turning now to silver, we can see its 1980 and 2011 high at $50 per ounce.
19 Jul 2019 Gold has been on fire this year and some investors think it is poised to do In its strictest sense, a bull market is considered to be a gain of more than 20% with an easy policy), which was the case of the 1960s and 1970s.”. Gold Silver Bull Bull Market 1970-2020 SD Bullion. Many secular 21st Century bullion bull market believers (like myself) contend that we are currently nearing 10 Feb 2017 In this gold bull market, the price of gold had two major upward movements to $11.65/barrel, leading to towering inflation in the mid-1970s.
May 11, 2004 · Back to the '70s: Disco, bell-bottoms and the Eagles may not make a comeback, but lousy stock market returns might. before launching into a 16-year bull market, and the doldrums of …
Jun 17, 2011 · The blue line represents the 1970s bull market and shows the price rise in percentage terms from 1970. The yellow line shows the current bull market, and the percentage gain since the 1999 low for gold. So far in the current bull market, the gold price has risen by 600% – which, if we compare to the 1970s bull market, takes us to 1975. What Bull and Bear Markets Mean for Gold and Silver Prices ... Even in a bear market for stocks and indexes, gold and silver may experience an increase in value, which brings us to (you guessed it!) a bull market. What Is a Bull Market? When attacking, bears swipe down, whereas bulls thrust upwards with their horns. This animal analogy applies to markets. Just look at what happened in the 1970s. Gold Correction: 1970s vs Today - Miners In Trouble ... Apr 23, 2013 · Of course Gold's current correction may not have played it's course yet. To match the length of the midpoint correction in the 1970s bull market Gold would need to continue correcting for another 2-3 weeks. To match the 48% decline Gold would need to drop to around $985 (a highly unlikely scenario in my opinion). Gold’s 47-Year Bull Market The following monthly chart shows that relative to a broad basket of commodities*, gold commenced a very long-term bull market (47 years and counting) in the early-1970s. It’s not a fluke that this bull market began at the same time as the final official US$-gold link was severed and the era of irredeemable free-floating fiat currency kicked
Gold – bull market or just a bear market rally | the ... Jul 31, 2016 · Gold has had two bull markets since then: 1970-1980, and 2001-2011. In between was a lengthy two decade bear market. The same pattern, with slightly altered dates, can be found in most of the commodities. For example, Crude had a bull market from 1970-1980 and another bull market from 1998-2008. In between was a lengthy two decade bear market Where Oh Where is the Gold Bull Market? | Gold News Mar 23, 2018 · WHERE is the gold bull market that we predicted would begin about now? This would be good for gold, resembling the 1970s period where Fed Chairmen Arthur Burns and Bill Miller neglected to raise the Fed Funds rate as quickly as inflation. ROUTE #3: In our view, the only scenario that really hurts gold going forward is a strengthening The case for owning gold keeps getting stronger - MarketWatch Aug 10, 2019 · But if gold is in a bull market, one trading signal strongly suggests this has plenty of room to run. And right now, it’s above it. Numbers from FactSet say that since the mid-1970s, when Gold: A Different Asset Class | Gold News