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<p>[QUOTE=&quot;Cloudsweeper99, post: 1589722, member: 3011&quot;]I remember the gold bubble from 1979/80.&nbsp; I remember evening news stories on TV showing lines of people in Manhattan waiting to get into coin shops to buy or sell gold.&nbsp; I remember several people at my workplace who put large amounts of money into gold.&nbsp; I remember my aunt who worked at a bank at the time telling stories about several folks who put so much gold bullion into their safe deposit boxes that it was difficult to pull it out of the wall and carry it.&nbsp; I remember listening to the business news on the radio [1010WINS in NYC] in the morning and the movement of gold prices and leading gold stocks was the lead story every day.</p><p><br /></p><p>It was a big deal at the time, much bigger than anything now which amounts to only a few cash for gold and TV offers.&nbsp; I don&#039;t think the rise in gold prices can be pegged to any one reason.&nbsp; The economy had been bad for awhile, interest rates and inflation were high, the loss in Viet Nam was still fresh in everyone&#039;s mind, and there was just a general lack of confidence.[/QUOTE]</p><p><br /></p>

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