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From inflationdata.com “ If gold were an inflation barometer why...

  1. marri
    2,397 Posts.
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    28/05/18
    14:31
    Post #: 33337489
    From inflationdata.com

    “ If gold were an inflation barometer why did the inflation adjusted price of gold fall from over $2400 in 1980 to $364 in 2001? Over that time period 21 years, it lost over 80% of its value. At the same time the CPI index went from 82.4 to 177.07 i.e. prices more than doubled “

    Another wonderful hypothesis destroyed by a single ugly fact.
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