Tuesday, July 19, 2011

Gold would have to reach $5,800 to match the performance between 1966 and 1980. 

While gold is making new highs it still has a long way to go to match the performance experienced between 1966 and 1980.  To match that performance gold would have to reach $5,800.  However, what needs to be taken into account is that the previous bull market was largely a North American phenomenon whereas this time it is global with China, India Russia and Brazil participating.



Source:http://www.nowandfutures.com/last_hard_asset_bull_comparisons.html