Re - request for article on junior gold SP's after 87 crash - easy peasy. Just Google it.
"Note that despite the drop in October of '87, the Dow actually posted a modest 2.27% gain [ed. - for the year], gold gained 20%, and our junior gold stocks actually gained a whopping 57.3%."
In the 1920's there was no junior gold index, but:
"From an investment point of view, $1,000 invested in the Dow at the start of 1927 would have managed to gain back everything it lost plus $56 by 1934. However, $1,000 invested in Homestake Mining shares would have grown to a whopping $7,968 by the end of 1934."
Here is the article - it's easy, just go to Google and put in "1987 crash junior gold".
The fed and govts' tried and will try to push gold down as hard as possible, to try to buoy up fiat currency (worthless paper), but it's like trying to hold a beach ball underwater.
Gold tends to boom - and apparently gold mines are leverage on that boom.
The last historical high was roughly $875, but in today's dollars is $2150. I'm not much of a gold bug, but there is certainly a lot of room for gold to revist even 1/2 of its old highs. I own IAU.