Wednesday, December 16, 2009

A Tantalizing Possibility...

...is held out by a Commodities Online article by Stewart Thomsen. Orgainzied as a list of points, most of which are trader's talk, it points out that gold skyrocketed at the same time as the greenback rose, in 1979. It's a bullish article which claims that "'Gold is pouring from weak hands to strong'" right now.

Left unmentioned is the fact that the 1979 gold explosion was the climax of the 1970s bubble.

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