Loading ...Historical Gold Price Runs of 50% or more within 12 months without a material retrace.
Keep in mind this is just high level month-over-month.
Runs prior to 1980
1972 60% 11 months
1973 91% 8 months
1974 81% 6 months
1979 300+% 12 months
Post 1980
1982 55% 8 months
2005 59% 11 months
2007 50% 12 months
2009 50% 12 months
2011 50% 12 months
2020 50% 12 months
2025 45% 12 months (Feb isn’t over, $3k will ring the bell).
Reason I’m posting this is because I found it interesting that since the 70’s gold spike, runs seem to have been managed. If anyone else wants to spend more time looking at this closer or challenging these approximations, please do.
They have definitely been managed as seen by the fact that none of them exceeded 12 months and we know that the prices are controlled by the futures on Comex. What is surprising is that so many of them ran 12 months and 50%. You’d think the banksters wouldn’t be so obvious and would make it 10-11 months or 13 months and more than 50% or less than 50%, once in a while.