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USV - What The 1987 Crash Reveals About Silver Today
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The 1987 stock market crash occurred after a period with a similar build-up to the 2020 crash. After being stuck in a range for a number of years in the 1970s and the 2000s, the Dow managed to break higher after a significant gold peak in 1980 as well as 2011 respectively. See the chart below:
In both cases, prices more than doubled over a period of at least 90 months from the level it was at the gold peak. Point 1 on the chart (for 1987 and 2020) marks the top of the rallies.