john,
A book I have here says :
'While real gold prices and gold prices adjusted for inflation have generally remained close, they have diverged from each other to a huge extent since 2005. In the early 1980's the two prices were almost identical and even overlapped. But in 2010, we had real prices of $1400 while the inflation-adjusted price of $644 lagged by over 50%.'
Quite simply, it's a bubble, goldbugs hope some sucker will pay them more for their gold than they paid.
- Forums
- Commodities
- GOLD
- gold breaks out
gold breaks out, page-350
-
- There are more pages in this discussion • 133 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GOLD (COMEX) to my watchlist
The Watchlist
TON
TRITON MINERALS LTD
Adrian Costello, Executive Director
Adrian Costello
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online