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Gold at $3000? Only if Bubbles Repeat... |
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This chart tracks the the performance of gold since July of 2002 against the three largest bubbles of the last 40 years. Past bubbles have shown strong but steady growth for the first 7-8 years before moving into a hyper-growth phase for the last 18-24 months. Each series is adjusted for inflation and is smoothed with a 3-month moving average. |
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| Sources: | Yahoo Finance, LBMA, EIA |
| Updated: | May 18, 2013 at 2:11 PM EDT |
| Series: | gold and oil - bull market cycles - business cycles - crude oil price history - stock market cycles - historical gold prices - economic indicators |
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