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Is Gold Price Action Warning Of Imminent Monetary Collapse Part 2?

At around the 2008 financial crisis (during the significant monetary base increase) gold fell to a low of about 34% below the then all-time high. After about 4 months gold increased about 47% from that low, but did not make a new all-time high. The new all-time high only came about 13 months after the low of the crisis. During the current crisis ( after the significant monetary base increase) gold fell to a low of a about 25% below the all-time high. It is also important to note that the fall to the low was percentage wise much lower than that of the 2008 crisis (indicating gold being much more resilient this time).

GoldSeek Jul 29, 2020 1 min read

At around the 2008 financial crisis (during the significant monetary base increase) gold fell to a low of about 34% below the then all-time high. After about 4 months gold increased about 47% from that low, but did not make a new all-time high. The new all-time high only came about 13 months after the low of the crisis. During the current crisis ( after the significant monetary base increase) gold fell to a low of a about 25% below the all-time high. It is also important to note that the fall to the low was percentage wise much lower than that of the 2008 crisis (indicating gold being much more resilient this time).

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