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found this article on CNBC speaking of similar action in the overall markets as compared to 2007.
From the way the Precious has been acting so strange and with much strength, perhaps there is a correlation between now and the ‘blast from the past’. Gold ready for the moon shot? Think silver is the igniter of the launch. As Maya would say, ” All Aboard !”
” In fact, one of the last times we saw defensive sectors outperform riskier ones was in 2007, just before the onset of the financial crisis.” – CNBC Report
http://www.cnbc.com/2016/07/08/market-driven-by-safe-stocks-possibly-signaling-slowdown-ahead.html
Ps) Just for kicks I just googled ‘racial tensions’ in the 1970’s. This was the first article to pop up. Very interesting…“R acial tensions were high in 1970, as blacks became frustrated with economic conditions that did not improve despite advancements in civil rights.”
https://www.whitehousehistory.org/racial-tension-in-the-1970s