Gold ad from 1973 shows the economy has long been on the verge of collapse

Marc Howe | December 28, 2012 | 1:20 am Precious Metals Europe Gold Silver 

An ad from a 1973 issue of Barron’s provides clear proof that feverish concerns about imminent economic collapse and a concomitant enthusiasm for precious metals has long been a theme amongst modern investors.


Hat tip to Business Insider

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Comments

  • directorblue

    Considering that the CAGR of gold in US$ since 1973 is roughly 17%, who’s to say the ad wasn’t right?

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