Gold had a massive run up in the late 70's early 80's and then basically did nothing for 20 years. The gold bugs remembered "the good 'ol days" and very few waited all those years to see the price appreciation of today.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.