“In the last 100 years the gold pricehas really on been higher...

“In the last 100 years the gold pricehas really on been higher than it is now once, in 1980. It was roughly the sameback in 2011.”

Since1958, when the Bretton Woods system became operational, countries settled their international balancesin dollars, and US dollars were convertible to gold at a fixed exchange rate of$35 an ounce.

Compare to-days gold price to the US$ back in 1985(Gold over US$ 1,800 to the US$ 35).

“You may also want to consider recentinflation figure (pointing to a rise in interest rates being likely leading toincrease return from low risk investment) “

You must be joking, the US Economy is on life support Huge debt and deficits and inflated stock market, which would collapseif interest rates were to rise, the economy is built on a foundation of debt, the bond market is the biggest bubble of all,real interest rates are hugely negative = Bond interest– inflation rate.

“You also may want to consider the passage of the largest ever infrastructure bill through the US congress and the impact that will have on the economy as all that money flows in.”

You must believe in the flawed MMT!