RE:RE:STUNNING NEWS - MARK THE DATE!
I appreciate the thought, but making comparisons to the price of gold and gold stocks in the 1930s is a useless endeavor.
Back then, POG was dictated by the government. But they then confiscated all the gold in circulation and made it illegal to use within the United States. Once accomplishing that, they raised the official exchange rate from $20.67 to $35.00 for international trading purposes, effectively stealing the difference from the public.
Changing the "official" value of gold by nearly 70 percent caused a boom in gold mining stocks back then. It also helped to finance the US government during the Great Depression.
Let's hope that free markets in gold and silver will prevail in the coming crisis as we can count on government to get anything right.