GREY:MPRXF - Post by User
Comment by
hrattleon Jul 20, 2012 12:21pm
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Post# 20135650
RE: RE: RE: RE: RE: RE: RE: Is Gold about to break
RE: RE: RE: RE: RE: RE: RE: Is Gold about to break Look at a chart of any market in North America from the 60's to 2007, that growth didnt look bad did it?
And that included some bad times - the 70's oil crisis, the '87 black Monday crash, the dot-com bubble bursting (the NASDAQ is still down 40% from that high).
Now we have the '07 financial crisis - just another boom and bust caused by uncontrolled capitalism.
As rambler will tell you - the long term trend is still up. Look at the S&P 500 since 1789 (where do they get that data from?!) - we've had roses and daisies for a long long time according to that chart!