Gold & Silver Crashes in History: Severity, Duration, and Recoveries
Given what’s happening in the markets, it’s time to look at the history of crashes in gold and silver. And just as important, to see what message we can glean about their recoveries.Despite the scary market activity, what’s happening to gold and silver, believe it or not, is not new. There have been many periods in history where they have crashed. The reasons vary, as does the severity and duration.However, the thing to be aware of, as I’ll show, is that they recovered. Always. The only issue is how long the process took and how high they ultimately went.
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