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Re: popeyej post# 14437

Thursday, 09/11/2008 1:16:13 PM

Thursday, September 11, 2008 1:16:13 PM

Post# of 15261
Thanks for the info Popeye. I read an article about gold dropping 50% in '74 and then it took 2 years for it to totally recover (and then it really took off after that), so I want to compare that to what we're currently experiencing. Gold hasn't dropped that much this time (yet), but silver certainly has. I wonder how much silver dropped in '74 if gold went down 50%...

But I think oil should be getting close to a bottom now, and the dollar rally should be getting close to peaking as well, so hopefully the worst is over; at least silver's down only .06 today...

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