"I've just done an inflation-adjusted calculation based on what gold was worth in 1910 ($19).
The answer was $442 in 2012 dollars."
Perhaps you would like to enlighten us with your calculations.I can always use a good laugh. I got a chart here of the M1$ and it shows something else.
and "A book I have here says" and then a nice quote.. are you kidding me? Imho you are just frustrated that you didnt buy in years ago when gold was below 1k$ (and you started your facade) and now this is the way for you to vent your own frustration of your total incompetence to comprehend anything more difficult then a microwave.