• The forum software will be upgraded on Sunday May 26th and may not look normal during the transition. Some functionality may be offline. This is TEMPORARY and is expected to last up to 48 hours.

The Real Price of Gold

Jonleehacker

Gold Contributor
Read Millionaire Fastlane
Speedway Pass
I came across this interesting chart today. I'm sure you guys have followed the dramatic rise in the price of gold as it cruises towards 30 year highs, but this chart puts a new perspective on it.

When you adjust for inflation the price of gold still has a long way to run to hit comparable evaluations to the run up in the early 1980s.



As probably the best hedge against the US dollar, how high do you think gold can go?
 
Top