Gold was at 790.90 on 10/23/87
Gold was at 684 in 9/88
Gold was at 592.6 on 6/90
These are the front month prices on futures. That October period marked the very top of the market, and the beginning of a multiyear decline that would have been devastating to have been long through. Gold may or may not rise from here, but it will have nothing to do at all with what equities do.
That is “sallied” along just fine? An almost $200/ounce drop. Please people, do your own research and don’t listen to this kind of disinformation.
