Fergal O'Connor Profile picture
Financial Economics Lecturer @cubsucc | Consultant on Gold Pricing Issues | History of Gold Investment Researcher | Historical Precious Metal Price Finder
Sep 21, 2020 12 tweets 4 min read
Negativity re gold on twitter is getting more common as the price has been going sideways for a while. So here is a thread on the bull market in gold from 1968-80–with some detail on its forgotten ups & downs and factors relative to the market since 2000 #gold 1/n We remember gold hit $850 in Jan 80. But we forget this was 2nd bull run gold went on post the Dollar tie to gold severed. Between 68 and the second last day of 74 gold rose over 460% to $197. It doesn’t look impressive on the long run chart but in context was a huge bull run