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Market Vectors Gold Miners ETF Message Board

  • marty81274 marty81274 Aug 2, 2013 7:20 PM Flag

    history

    I was reading a report tonight and came across that the plunge in April-June in Gold was worst than the 1st quarter of 1982. After that 1982 plunge in Gold, in mid August to 1st week of September gold SKYROCKETED 50% in 3 weeks. Let's see if the same thing happens this based on history.

    Looking at all reports, everybody claims that gold inventories are at extreme low levels, so this should bode well for the Gold market and gold miners. They are claiming that China alone will buy all the supply in Gold worldwide them (China) alone.

    What is the boards thoughts on this. Is Gold a coiled spring ready to rebound?

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