Tuesday, October 16, 2007

TUESDAY, OCTOBER 16, 2007 10:26AM

Gold has tripled in value from the lows
set at $250 from 1998 to 2000. A similar event happened in 1970 to 1973 when gold lifted from $35/oz to climb over $100. So as I view this, gold could double from here ($750 now vs $100 to $200 back then) and then back down as it did into 1976

1 comment:

Tim West said...

http://www.zealllc.com/2006/cpigold.htm
This website has some great charts of the action in gold in the early 1970's.