Gold bear
Thursday, March 20, 2008
Gold for April delivery fell $59, or 5.9 percent, to $945.30 an ounce on the Comex division of the New York Mercantile Exchange. That's the biggest percentage drop for a most-active contract since June 2006. Gold reached a record $1,033.90 on March 17.
In 1980, the price tumbled $50 a day from Jan. 22 to Jan. 24. On Jan. 21 that year, the metal climbed to $873, a record that lasted for almost 28 years.
If you haven’t bought gold or silver already you are completely insane.
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