Gold Under $900?
May 01, 2013
Mark Twain said history doesn’t repeat, but it rhymes.
Markets, too, are often perceived as repeating old patterns.
If tea leaves could tell the future price of gold, they would be regularly consulted as well.
I don’t have any tea leaves. I wouldn’t know what to do with them if I had them, but I do keep a record handy of gold prices from the 1980 peak year.
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• The Essential Guide to Investing in Precious Metals
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