Gold is Not Going Parabolic Yet…. | The Daily Gold
So much capital flooding in so fast drives vertical price gains into a parabolic ascent. The last Stage Three gold parabola unfolded over several months climaxing in January 1980 at $850 (just under $2400 in today’s dollars). … Sure, gold is more popular in this specialized realm than ever before in this bull but to an average casual investor who doesn’t follow these things, at best all they’ve seen is some sporadic gold-coin and scrap-gold commercials on mainstream TV. …
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