The Phaserl


Great Crash Of 1929 Similarities Suggest Gold Prices Will Soar In 2014

by Vronsky, Gold Eagle:

During the last four years of the Roaring ‘20s, the DOW Stock index roared upward +143%. And during the same period Barron’s Gold Mining Index (BGMI) rose +83%. But then in October the Great Stock Market Crash OF 1929 began. During the following four bear market years (1929-1933), the DOW Index plummeted -88%. However, as frantic frightened investors fled the stock market, they sought safe haven by piling into the precious metal stocks. Consequently, in the four year bear market stock period (1929-1933) the BGMI soared + 380%…as the Wall Street Stocks were mercilessly hammered downward.

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