[4CJ]

$850/ Troy Oz. in 1980 dollars. Even discounting that last year of Carter-flation, that would require a spot price of $2,073.2/ Troy Oz. today to break even if you bought

And $850 in 1980 would only be worth $396 in 2005 thanks to the loss of purchasing power, even at 3% inflation.

[.cnI redruM]

Yep, if you cashed out and held the currency.