OK, so last time gold only lost 70% in value.
Take into account the value of the underlying currency and you get 75% with no trouble.
My suspicion is that that will mainly occur between 2010 and 2032/4 and that leaves still a decade when gold looks OK.
I suspect we aren't too far from a hiatus in gold appreciation and a couple of years seems appropriate.
In fact that should be a positive development.
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