The London PM fix yesterday was 1292.50, while the high water mark was 1895.00 on September 5-6, 2011. Compared to what can happen, it's been a relatively long, slow slide from the top.
The gold decline in 1980 went from 850.00 on January 21 to 481.50 on March 18, for a loss of 43.35% in just two months.
