2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 385.99

+1.6%

Nov 12 4:00 PM EST

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bull_dozer

To: Rarebird who wrote (149879)	8/7/2019 11:39:44 PM
From: TobagoJack	1 Recommendation of 217739

From my e-mail pile, On 8 Aug 2019, at 10:40 AM, H wrote: The thing to keep in mind in this context is: this is what always happens. Before gold bottoms out, the gold shares routinely underperform gravely, and once a rally begins it takes some time before they make up lost ground. A good example for this is the 1999-2000 period. When gold made its low at $255 in the summer of 1999, the HUI concurrently made a low at 65 points. Then gold soared briefly to around $330 on the Washington agreement news and the HUI went to a high of 100 points (late September 1999). Then gold declined again, initially bottoming at around $265 in late 2000. At the point the HUI had declined to a mere 35 points - much lower than its lowest level in 1999. It took a while for the gold stocks to "catch up" with the nominal gold price thereafter - but they eventually did, by consistently outperforming gold from the low in November 2000 to the interim high a few years later.

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