Anglo faces headwinds in keeping restructuring on track
Anglo has been forced to accelerate its restructuring after successfully holding off a bid from BHP, the world’s biggest miner.
An ad from a 1973 issue of Barron’s provides clear proof that feverish concerns about imminent economic collapse and a concomitant enthusiasm for precious metals has long been a theme amongst modern investors.
Hat tip to Business Insider
Comments
directorblue
Considering that the CAGR of gold in US$ since 1973 is roughly 17%, who’s to say the ad wasn’t right?