Key Events in the Gold Market in 1972. World’s First Futures Market Opens in Winnipeg in November 1972. Gold Hits Record $70 per Ounce. Gold Remains an “Attractive Reserve Asset”. Check out all the Smaulgld podcasts here. Not a Smaulgld subscriber? Sign up here. Donate To Smaulgld.com via paypal The State of the Gold Market … Read More →
Cumulative Events Over Time Often Lead To Explosive Moves in Precious Metals. The Price of Gold Went From $35 an Ounce in 1971 to $800 an Ounce in 1980. In a Post QE World is History Set to Repeat? Gold’s Bull Market 1971-1980 It didn’t all happen at once. In August of 1971, Richard Nixon … Read More →
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