Gold and Silver Stocks – How High Can They Go?

April 13, 2016 Dudley Pierce Baker http://www.CommonStockWarrants.com     In December 2003 Edward Gofsky wrote a great article titled, “The 21st Century Gold Rush: How High Can Gold and Silver Stocks Go? Higher Than You Might Think!!” Being a bull on the precious metals I thought then what a great article. I have been in touch with Edward and he has given me permission to use his article. What he did was visit the local library looking at old newspapers from the 1970’s for the price of gold and silver stocks and then comparing them to their ultimate peak in share price in 1980. Now it is probably a surprise to no one that gold and silver stocks were on fire as gold and silver peaked in January 1980 but some specific examples that Edward shares with us are just awesome and mind blowing, begging the question can ‘they’ do it again? But to put it in Edwards’s words: “In the last few months I have started out on a unique quest…to go back in time to the 1970’s and to see what happened to gold and silver stocks when gold hit $500 then $600 then $700 all they way to the $850+ price and $50 silver…” “…I started my research by going to my local library to look at old newspapers from the 1970’s, and wow did I find some amazing things!! My library had the financial post newspapers on microfilm all the way back to 1972 the very … Continue reading