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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: ild who wrote (26335)2/11/2005 11:02:11 PM
From: orkrious  Read Replies (1) | Respond to of 110194
 
access is not permitted. I can't view



To: ild who wrote (26335)2/11/2005 11:31:07 PM
From: NOW  Read Replies (1) | Respond to of 110194
 
did nt fare so well. you thinking crash?



To: ild who wrote (26335)2/13/2005 4:36:55 PM
From: dara  Read Replies (1) | Respond to of 110194
 
An excerpt from Pierre Lassonde's The Gold Book published in 1994 (pg 85):

"On Black Monday - October 19, 1987 - while the stock markets around the world plummeted, the price of bullion actually rose. The TSE composite index dropped 11.14 percent, but the gold stocks in the TSE gold subindex only lost 8.8 percent. It was a temporary reprieve. Bullion kept climbing in price, but within days gold stocks were decimated. By mid-November they had dropped 44.3 percent from their August peak. In the weeks that followed, bullion kept moving until it finally peaked at U.S.$503 in December and gold stocks spun around to regain 37.5 percent of their losses."