/biz/ - Business & Finance

>>25259317

So far as I always understood it, gold started at something like $34 and ended at something like $850. Chart in my picture is from SD Bullion. The figure of 25x is quite commonly repeated; see e. g . "SilverChartist" last month:

"$SILVER, $GOLD: A Repeat of '70s Run?

"In 1970s bull-run #silver/#gold rose ~36x/25x, respectively

There is zero reason to believe that this bull-market won't exceed those returns"

A number of websites say that gold reached $850 at the high:

"1980, when an ounce of gold was $850 and the DJIA was 800."

>>25258578

Thank you for this post and your kind words, always enjoy discussing miners with you also.

>>25259317

So far as I always understood it, gold started at something like $34 and ended at something like $850. Chart in my picture is from SD Bullion. The figure of 25x is quite commonly repeated; see e. g . "SilverChartist" last month:

"$SILVER, $GOLD: A Repeat of '70s Run?

"In 1970s bull-run #silver/#gold rose ~36x/25x, respectively

There is zero reason to believe that this bull-market won't exceed those returns"

A number of websites say that gold reached $850 at the high:

"1980, when an ounce of gold was $850 and the DJIA was 800."