Stephan Livera: Gold declined five years consecutively from 1988 to 1992

Stephan Livera: Gold declined five years consecutively from 1988 to 1992
Gold fell five years in a row

Gold declined for five consecutive calendar years from 1988 to 1992, requiring anyone who bought at the 1980 top to wait 28 years just to break even.

Stephan Livera referenced these historical gold price movements, raising a question to another commentator about whether such periods should have been ignored by gold investors.

Livera has addressed other industry strategies in prior commentary. He recently shared an explanation from asjwebley of SmarterWebUK on the differences between treasury companies and ETFs. He has also highlighted the risks of relying on one device for wallet security, advocating for multisig setups as a safeguard.

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