GOLD 0.51% $1,391.7 gold futures

"Yes but you have to take into accout inflation. So the $800...

  1. 605 Posts.
    "Yes but you have to take into accout inflation. So the $800 back in 1980 is actually $2257.14 in 2007. So when you compare todays price of $915 or so to $2257.14 it easy to see gold has not reached anywhere the level it did back in 1980"

    Case in point - it has not retained it's value.
 
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