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Gold climbing 'wall of worry' just as it did in '70s, Lassonde tells King World News

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Published : December 22nd, 2011
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Category : GoldWire

 

 

 

 

Mining entrepreneur Pierre Lassonde tonight reminds King World News that there were many big price setbacks during gold's bull run in the 1970s, setbacks ranging from 11 to 43 percent. Gold will continue to climb the proverbial wall of worry, Lassonde says, though he's inclined to think the price will be soft for quite a while into the new year before taking off again. An excerpt from the interview is posted at the King World News blog here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/12/21_P...

 

 

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Chris Powell is the secretary of the Gold Anti-Trust Action Committee (GATA) which has been organized to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities.
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