1980: Will history repeat itself?
📌 Gold, silver, and copper all hit record or near-record highs in the same calendar year — the first such occurrence since around 1980, this was the first time in about 45 years that all three metals reached record highs together, echoing a similar broad metals boom around 1980 — which itself was driven by high inflation, a weak dollar, and geopolitical tensions.
After 1980, when gold, silver, and copper surged together, the metals market went through a sharp reversal and long cooling phase. Here’s what happened, simply:
📉 Immediate aftermath (early 1980s)
• Gold & Silver crashed after peaking in 1980.
• Gold fell nearly 60% over the next few years.
• Silver collapsed even harder after the Hunt brothers’ squeeze ended.
• Copper also declined as the global economy slowed.
After learning this, one question stands out: Will history repeat itself?
Not really. Why?
Today’s metals rally might look similar to 1980 on the surface, but the fundamentals are very different.
In 1980, metals surged because inflation was out of control, but governments responded with extreme interest-rate hikes, strengthening the dollar and killing inflation. That led to a sharp crash and decades of sideways prices.
Now, inflation is higher than the past decade but not runaway, interest rates are high but likely to ease, global debt is massive, and demand is structural (central-bank gold buying, solar & EV demand for silver, electrification for copper). Supply is also tighter.
Bottom line:
1980 ended with a brutal collapse because policy turned very harsh. Today’s cycle is more likely to see volatility and corrections, but with stronger long-term support rather than a long slump.
Limited supply, rising global demand, and increasing investor confidence are creating the perfect storm for higher prices ahead. As markets fluctuate, gold, silver and copper stand strong — rare, reliable, and ready to rise.
Invest in strength. Believe in value.
Not a financial advice. DYOR.
$XAU $XAG
#Metals #GOLD #Silver #Copper