2021-01-04

The Dow in 1973

The Dow Jones Industrial Average made a new all-time high in early 1973. A new nominal high wouldn't come until neraly a decade later in late 1982. The gold bull market was getting started. An anti-establishment populist politician elected amid waves of riots in urban centers was hugely popular, but would be removed by his own weakness and a media-political-deep state conspiracy against him.

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