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Anybody else remember the great silver boom of 1979-1980?
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<p>[QUOTE="Michael K, post: 2935887, member: 78298"]I had a friend who worked at COMEX at that time as a runner. He assured me gold was going to $1000. I said it will probably go back to $200-$300.</p><p>Eventually it did go to $1000 and beyond. But first it went back to $200-$300.</p><p>Is it really a boom, when some greedy guys are just trying to corner the market and driving prices up? More like a bubble that is destined to burst.[/QUOTE]</p><p><br /></p>
[QUOTE="Michael K, post: 2935887, member: 78298"]I had a friend who worked at COMEX at that time as a runner. He assured me gold was going to $1000. I said it will probably go back to $200-$300. Eventually it did go to $1000 and beyond. But first it went back to $200-$300. Is it really a boom, when some greedy guys are just trying to corner the market and driving prices up? More like a bubble that is destined to burst.[/QUOTE]
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Anybody else remember the great silver boom of 1979-1980?
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