Gold vs Nasdaq Chart

It’s been a while since I posted this chart due to the weakness of the last three years with gold.  As you can see, even with gold’s incredible performance since 1999, it still doesn’t measure up to the performance of the top of the silver bubble in the 70s or the top of the Nasdaq bubble in 1999.

The question is:  are precious metals just currently entering a reflex bubble (after the big one) only to fizzle out in a few months or are they entering the climax bubble?  What do you think?

Gold Vs Nasdaq

SmashTrades chart showing the comparative performance of gold, silver and the Nasdaq

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