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The Real Price of Gold

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Jonleehacker

Gold Contributor
Read Millionaire Fastlane
Speedway Pass
Oct 31, 2007
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Edmonton, Canada
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?
 

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