Gold & Oil - 1971 Until the Future - Part II

In the first part of this article we covered the history of gold from 1971 onwards. The discrediting of gold accompanied the rise of the $ to the almost sole global reserve currency. The Central Bank sales right up to the low point of the gold price, the “Brown Bottom” was followed by the turn around until today’s storming price rise a prelude to new highs eventually. The final part of this three part series will cover the Devaluation of the $ and the future of gold. But in this second part we cover the present and the future of the $ gold and in part oil.

( Full story here )