If History Repeats, Gold Could Soon Get Very Boring
The 2011 gold price spike looks a lot like its 1980 spike
A golden parallel.
Photographer: Simon Dawson/BloombergThis article is for subscribers only.
Gold has pretty much been in a $200 range, between $1,050 and $1,250, for the past two years.
This period of relative calm is a big change from what the precious metal did from 2005 to mid-2013 when it rallied by $1,200 before dropping back to recent levels.