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After the dollar began to float in 1971, both oil and gold soared.
FORBES: Oil Spikes, Double Dips And Dilapidated Dollars
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All three major U.S. stock indexes spiked in response and gold soared.
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U.S. stocks and the dollar briefly slide Tuesday afternoon and U.S. Treasury bonds and gold prices soared following the tweet.
WSJ: False Associated Press Twitter Message Sparks Stock-Market Selloff
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The same phenomenon repeated itself in the early 1970s, when gold soared, and again when it roared ahead in the late 1970s.
FORBES: Fact and Comment
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Since gold, grain and oil prices soared to previously unfathomable heights, everyone wants to know what's next.
FORBES: Magazine Article
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When gold was replaced by whim, international monetary chaos reigned: Oil prices gyrated uncontrollably, gold prices soared, interest rates spiked, and food prices spun out of control.
FORBES: The Inflation Intifada: Hunger And Revolution In The Third World
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However, crude oil prices went into a free fall and the U.S. dollar index soared, which ultimately led to panic-type selling in most markets, including gold and silver.
FORBES: Comex Hits Another All-Time High Early On, Then Backs Off Sharply on Long Liquidation
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Cuban music soared into the night, as Ethiopian teenagers sashayed around the dance floor, in the red and gold of the grand old ballroom.
BBC: Ethiopia's 'cupcake divide' in Addis Ababa
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So far this year, the SPDR Gold Shares ETF ( GLD) has climbed nearly 27% and the iShares Silver Trust ( SLV) has soared nearly 75%.
FORBES: Tax Compromise Helps Some Investors More than Others