During the 2008 financial crisis, gold fell about 25 percent and took seven months to make a new high. This time gold only fell about 15 percent, and may make a new high in under a month. This shows how much greater this financial crisis is, and how much more reckless current Fed policy is.
Related trading instruments: SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX)
Blog Archive
-
▼
2020
(100)
-
▼
March
(24)
- Gold Isn't A Fear Trade
- Thoughts On Trump's Infrastructure Spending Plans
- You Are Paying For The Bailouts!
- The US Dollar Is Entering a Tailspin
- Gold Is The Safe Haven
- Gold: How It Reacts During Crisis
- Bailing Out The Airline Industry
- QE Infinity Will Crash The U.S. Dollar
- Gold Will Skyrocket
- Inflation Is Coming
- This Crisis Is Economic, Not Merely Financial
- Game Over!
- The Russell 2000 Index Is Down 33% From Its High
- This Is Similar To 2008
- Why Own Bitcoin?
- The Fed Will Cut Rates To Zero
- The Dow Jones Transports Is In Bear Market Territory
- How A Recession Really Happens
- The Fed Can’t Stimulate The Economy During Downturns
- Trump Cannot Beat Biden In A Recession
- The Last Thing The Fed Should Do
- Stocks: Sell-Off or Crash?
- The U.S. Economic "Recovery" Was Based On A Stock ...
- Sanders Generates Enthusiasm By Promising Free Stuff
-
▼
March
(24)