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The price of gold is always the same. The value of the Fiat Currency required to buy it is all that changes.
Simple and impressive.
bump for later
Looks possible -— but why does his forecast stop with Sept 2009.
Does the model not correctly calculate the gold prices Sept 2009 thru Sept 2010???
I agree with basic premise that gold price is a function of paper currency value.
GOLD BUMP
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It looks like his model would have mostly caught the 2008 collapse. That’s pretty good, as I myself saw NO FUNDAMENTAL REASON WHATSOEVER for it to drop like that in the face of the lunge into straight-up socialism.