GOLD gold futures
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  1. stelios
    1,002 Posts.
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    04/06/21
    21:14
    Post #: 53661008
    "And gold, corrected for inflation, is on the way down."
    You have referred to the deflated value of gold on several occasions in reference to real estate etc. or is it CPI whatever.
    Which is BS.
    We have to compare gold to the US$.
    So if gold was worth US$ 920 per oz, in 1980 the then US$ 920 is now still worth only US$920 compared to the current gold price.


    https://hotcopper.com.au/data/attachments/3242/3242633-1cf011169a49d97f867c007439f5fb81.jpg
    Last edited by stelios: 04/06/21
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