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<p>[QUOTE=&quot;WingedLiberty, post: 1174873, member: 26030&quot;]You&#039;re right ... I was off by a year ... it was 2008, not 2009.</p><p><br /></p><p>Gold reached a peak of a $1020 in March 2008 </p><p>then got close to $1000 again in July 2008</p><p>then dropped to $720 by November 2008</p><p><br /></p><p>That&#039;s a $300 drop from $1020 ...&nbsp; or a 30% drop ... in 8 months.</p><p><br /></p><p>[ATTACH]122307.vB[/ATTACH]</p><p>I know it doesnt look like much of a blip on the chart -- but at the time it was a big deal.&nbsp; I remember all the Gold bears on CNBC saying how gold was crashing and a terrible investment.&nbsp; </p><p><br /></p><p>That was just a bit over 2 years ago.&nbsp; Since then gold has more than doubled from $720 to nearly $1500.</p><p><br /></p><p>Just for comparison sake, silver just had a 30% correction from it&#039;s high of $50 ... in <b>4 DAYS</b>! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie9" alt=":eek:" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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