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Gold/Mining/Energy : Rumour Thread -- Ignore unavailable to you. Want to Upgrade?


To: Ed Pakstas who wrote (104)1/25/1998 1:55:00 AM
From: Zardoz  Read Replies (1) | Respond to of 223
 
As you know watergate {and I was 10 years old, but I remeber} took serveral months to hit the head, that lead to Nixon resignation on Aug 8, 1974. So you really want to look at the preceeding trend.

kitco.com

Click on the monthly trend for gold, 1968-Present - Avg. monthly prices (10 secs) and see the run up. Nearly doubled in price. But only gold produces moved.

So they caught the president hugging the intern. Great, this has momentum behind it now. I gotta find a site for the DOW during that time... I speculate 40% drop. And if the dow is over valued, it soon won't be! Yikes, I'm neverous {nearly scared}.... and that a first.