Wednesday, September 21, 2016

History Says Gold And Silver Could Bubble Off The Charts

Mike has made a strong case for gold and silver being the next big asset bubbles. What does history show about his claim?

I looked at the biggest bubbles from history, because I wanted to see if there was historical precedence for the gold price exploding into a big bubble. If it has, it could do so again. If it never did, on the other hand, the claim might be harder to prove.

Here are the biggest financial bubbles from the modern era. Notice which one was the biggest.



The tech bubble, real estate bubble, and even an 18-year run-up in the S&P came nowhere close to the gold mania of the 1970s.

From its 1970 low to its January 1980 high, the gold price rose a total of 2,328%.

Even today’s US stock market—which has basically tripled since its 2009 low—pales in comparison to the gold bubble of the late ‘70s.

It’s really true: there’s no rush like a gold rush.

There were some big bubbles from long ago, too…


Subscribe to our Free Gold & Silver Financial Newsletter