The $2,000+ target is only the inflation adjusted peak.
For the real inflation adjusted target (based on CPI so perhaps understated) before the Fed switched strategies to aggressively control money supply to a target. (from October 1979)
Thus the real target is around the $1,350 mark. This is the point I begin to unwind my heavy overweighting in PM's.
- Forums
- Commodities
- GOLD
- $1000 plus friday night gold party
$1000 plus friday night gold party, page-18
-
- There are more pages in this discussion • 8 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
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
SPONSORED BY The Market Online