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


To: Square_Dealings who wrote (26770)2/19/2005 3:58:33 PM
From: John Vosilla  Read Replies (2) | Respond to of 110194
 
Gold did go down during the 1987-1992 period corresponding with the S&L collapse. But compare today's price of all asset classes to the appreciation in value of stocks, bonds, real estate, oil and growth in dollars in circulation since the last gold top in 1987 and gold should easily be $1200-1500 by now.

galmarley.com