Commodity Trade Mantra

Posts Tagged ‘Gold Peak’

Is It Time to Admit that Gold Peaked in 2011?

Some argue that the 2011 peak of $1,921 is the equivalent of the 1970s mania peak of $850 in Jan of 1980. Today’s volatile world is exactly the kind of circumstance gold is best for. Regardless of the measure, gold has not matched its 1980 peak. And the reasons to own it have not faded. Indeed, they have grown.

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