AltcoinMarathoner
When will this wave of gold price increases finally come to an end? Instead of guessing blindly, it’s better to review the historical records. Over the past 50 years, gold has experienced five major crashes, each driven by different market logic.
**First: September 1980 to June 1982**
In less than two years, the price of gold fell by 58.2%. At that time, central banks around the world were raising interest rates aggressively to combat inflation, which led to a decline in gold demand. Coupled with the gradual easing of the oil crisis, risk aversion also diminished, making a decline inevitable
View Original**First: September 1980 to June 1982**
In less than two years, the price of gold fell by 58.2%. At that time, central banks around the world were raising interest rates aggressively to combat inflation, which led to a decline in gold demand. Coupled with the gradual easing of the oil crisis, risk aversion also diminished, making a decline inevitable