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<p>[QUOTE="GoldFinger1969, post: 4403229, member: 73489"]You look at the 1976-2015 Burdette/HA price guestimates....you look at a chart of the PCGS 3000.....you look at a chart of gold or silver.....it's a parabolic move every decade and when you go back over decades the moves are all concentrated in a few huge moves UP...and down. No multi-year let alone decade-long up moves, as with stocks. </p><p><br /></p><p><b><span style="color: #ff0000">It's ironic: </span></b> the 1973-1980 move in gold/silver was the longest we've ever had. Every up move since then has been shorter. We then overshoot to the upside on bullion and/or numismatic prices....and then during corrections we are "sticky to the downside" and prices don't correct as quickly (esp. numismatics) and this prolongs the agony (opposite of the stock market where bear markets are always shorter than bull markets).[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 4403229, member: 73489"]You look at the 1976-2015 Burdette/HA price guestimates....you look at a chart of the PCGS 3000.....you look at a chart of gold or silver.....it's a parabolic move every decade and when you go back over decades the moves are all concentrated in a few huge moves UP...and down. No multi-year let alone decade-long up moves, as with stocks. [B][COLOR=#ff0000]It's ironic: [/COLOR][/B] the 1973-1980 move in gold/silver was the longest we've ever had. Every up move since then has been shorter. We then overshoot to the upside on bullion and/or numismatic prices....and then during corrections we are "sticky to the downside" and prices don't correct as quickly (esp. numismatics) and this prolongs the agony (opposite of the stock market where bear markets are always shorter than bull markets).[/QUOTE]
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