The Golden Age Comes To Mankind
Only After They Have Re-discovered Gold’s Value
5 Reasons Gold Will Set an All-Time Record In 2013
No two bull markets are ever exactly the same and gold is no exception. During the last secular gold bull market in the 1970s, gold rose from $35 in 1968 all the way to $200 by late 1974. Then completely unforeseen the unthinkable happened. Between late 1974 and mid-1976, gold prices were cut in half, dropping from about $200 to $100. At the time, many Gold Bugs sold out in fear & disgust. But then the unimaginable happened again; Gold prices started to climb and climb, rising from $100 in mid-1976 all the way to $800 by January 1980. Anyone who bought gold at $35 earned better than 20 times their investment. But most of that rise occurred in just the last two months of 1979.
Since 2001, gold has been the single best performing asset for a record 12 straight years. In fact, the average return on gold was just shy of 18%/year.
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