gld inventory under 790 tons, page-119

Accaeric: "During 1970s boom and burst circle, Gold price soared 20 times from $38 to $800 (real term U$2,300 adjusted), then dropped to $300, which still 7 times from its start point."

My comments:

Accaeric, are you believing the mainstream media US Government inflation propaganda? There is no way US$2,300 today equals US$800 from January 1980.

Wish I could go out and buy a nice property at only 3 times its January 1980 price! Wish my power bills were just 3 times 1980 prices. Wish my health care was just 3 times January 1980 prices. Wish the price of food in supermarkets was just 3 times 1980 prices. Wish dining out was just 3 times 1980 prices. Wish the prices of entertainment was just 3 times 1980 prices.

Try US$800 in January now being the equal of US$6000 - and maybe even higher!