Tag Archives: gold mania

The timing of this article may seem incongruous given the current weak performance of gold and gold stocks but that was the identical situation in each of the past manias - both the metal and the equities didn't excel until the frenzy kicked in. The following documentation (exact returns from specific companies during this era are identified) is actually a fresh reminder of why we think you should hold on to your positions – or start accumulating them, if you haven't already. (Words: 1987; Tables: 7)

While governments have consistently damaged their economies ever further, the house of cards, however shaky, is still standing. If and when the markets crash and currencies collapse, however, there will be a dramatic rise in the price of gold. Here's why.

“There’s no cliff here. There’s no need to panic whatsoever...[In] the two previous bull markets in gold, 1980 and 1934, gold ended at essentially a 1/1 ratio with the Dow Jones and the Dow today is over 13,000. Would I be surprised to see gold past $10,000? No. I know it sounds crazy but it sounds a heck of a lot less crazy than it did five or six years ago.”