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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: DebtBomb who wrote (1373)6/1/2002 12:04:58 PM
From: LTK007  Respond to of 30712
 
i know twit about the POG. So i thought i look at an historical chart and thus got my first major lesson of how little i know. From 1833 thru 1922 the POG it was no lower than 20.58 and no higher than 20.71. kitco.com
In 1932 it crashes to 17, but by 1934 it explodes to 34.But then over the next 33 years it is betweem high 33s and low 35s.
And then in 1968 it starts to move and move such by 1980 it explodes to over 600.
I see need a ton of knowledge more to understand how the dynamic of gold broke so wildly starting in 68.Max