Both Gold and Silver Had Two Cyclical Bear Markets in the Prior Secular Bull Market That Peaked in 1980

Both gold and silver had two Cyclical Bear Markets in the prior Secular Bull Market that peaked in 1980, corresponding to Elliott Wave 2 and 4 downcycles, see gold's Wave 4 Cyclical Bear Market (-45%ish decline) from December 1974 until August 1976 at
http://www.chartsrus.com/chart.php?image=http://www.sharelynx.com/chartsfixed/GC1976btm.gif.

There's nothing unusual at all about gold and silver experiencing a Cyclical Bear Market in a Secular Bull Market. They are corrections from a generational point of view, and, are to be EXPECTED, despite what the Adam Hamiltons of this world might say, see http://www.321gold.com/editorials/hamilton/hamilton102508.html.

.......http://www.JoeFRocks.com/

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