Despite gold recently reaching a
new all time high of $1,444.40 per ounce, gold's high in 1980 of
$850 per ounce adjusted for the CPI index equals $2,442 per ounce
in today's dollars. Once you account for how the CPI understates
inflation, gold's high in 1980 was $5,754 per ounce in today's
dollars:
Gold divided by the price of
silver. The gold/silver ratio is currently 40 but during periods of
massive inflation the ratio usually declines to a level of
16:
Why GOLD is UNDERVALUED:
Posted by jtverr on 31st of Mar 2011 at 09:14 am
Despite gold recently reaching a new all time high of $1,444.40 per ounce, gold's high in 1980 of $850 per ounce adjusted for the CPI index equals $2,442 per ounce in today's dollars. Once you account for how the CPI understates inflation, gold's high in 1980 was $5,754 per ounce in today's dollars:
Why SILVER is even more so:
Posted by jtverr on 31st of Mar 2011 at 09:15 am
Silver's high in 1980 of $49.45 per ounce adjusted for the CPI index equals $130 per ounce in today's dollars:
It will end Bad when
Posted by miller on 31st of Mar 2011 at 09:24 am
It will end Bad when it ends is all I can say looking at that graph.
Gold divided by the price
Posted by jtverr on 31st of Mar 2011 at 09:19 am
Gold divided by the price of silver. The gold/silver ratio is currently 40 but during periods of massive inflation the ratio usually declines to a level of 16:
If you find this information
Posted by jtverr on 31st of Mar 2011 at 09:26 am
If you find this information valuable, then take a look at this:
http://inflation.us/