Marathon Gold Corp T.MOZ

What history said...if you consider it?

[Mustlovedogs01]

1980's, interest near 20%, what did gold, do?  All time highs, $800 plus.  Not opinion but "history".  Gold does well in an interest enviroment, contrary to those who don't know history!    Gold is up once again, and dollar is down.  Does this support many of the views that have been stated here.  No opinion in this post, just history and todays markets observations.  glta jmv

[NineLives]

Yep (Mustlovedog) traded it up but broke even when it plummeted again back to $300-$400. Now the interesting part of that story is the rumour back in the 80's was the Swiss national bank clobbered the price of gold when it reached $800 plus. And where did the selling coming from when Gold recently hit $2,000 - yes you guessed it. The Swiss National bank so secretive and live in a world of

[BGraham2]

Not  high interest rates persay that drove gold in the 70's / 80's but rather low "real" interest rates. Real Interest Rate - 151 Year Chart | Longtermtrends