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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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About the Author
David C. Harper has been a coin collector since 1963. He joined the Krause Publications editorial staff in 1978 and is currently editor of Numismatic News, Bank Note Reporter and World Coin News. He also edits two books annually, North American Coins & Prices and Coin Digest. He is the author of the Class of '63 column that runs each week in Numismatic News. His first bylined numismatic article appeared in the June 1971 issue of Coins Magazine and his various Krause Publications assignments included a stint as editor of the magazine 1980-1983. Harper received a bachelor of science degree from the University of Wisconsin-Oshkosh in 1977. He had a double major of journalism and economics.

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