GOLD 0.51% $1,391.7 gold futures

gold $2000 /oz in 2009, page-18

  1. 3,352 Posts.
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    Roadkill, UMC and Robbbb,

    You would see the possibility of $10k gold if Robbbb used a LOGARITHMIC scale for the gold price on his/her chart.

    Gold running from $100 in 1976 to $873 in 1980 is not the same as gold running from $873 now to $1646 sometime in the future as Robbb indicates on the chart.

    If history repeats itself we'd see $873 x 8.73 = $7,621.

    Using a linear scale for the gold price is most misleading.

    Rowingboat.

 
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