Hey sleeping wolf, Gold is nowhere near its high against the USD. In 1980 it climbed rapidly to $970, spurred by furious buying by punters gripped by herd instinct-until-it crashed to $255. $970 1980 USD adjusted for inflation is $2561. The 1980 herd thought that the USD would become worthless and they were worried about hyperinflation. Bet you've heard that before. History repeats itself again until the inevitable happens. I can see it now, widows, senior citizens, and gullible punters pleading for the government to help them out after the coming crash.