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5 Reasons Gold Will Set an All-Time Record In 2013

- Aubie Baltin -

A Kilo of gold will buy you about 62500 bananas in Australia.

Commented 4258 days ago

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Beginning of the headline :No two bull markets are ever exactly the same and gold is no exception. During the last secular gold bull market in the 1970s, gold rose from $35 in 1968 all the way to $200 by late 1974. Then completely unforeseen the unthinkable happened. Between late 1974 and mid-1976, gold prices were cut in half, dropping from about $200 to $100. At the time, many Gold Bugs sold out in fear & disgust. But then the unimaginable happened again; Gold prices started to climb and climb, rising from $100 in mid-1976 all the way to $800 by January 1980. Anyone who bought gold at $35 earned better than 20 times their investment. But most of that rise occurred in just the last two months of 1979... Read More

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