To: oldleft
1979 may have been a bubble, but with a more honest and revealing chart, today's rise is MUCH different (pay attention to the slopes of the rises then and now):
![](http://gold.approximity.com/since1970/Gold_USD_CPI-adj_LOG.png)
82 posted on
07/15/2011 11:59:36 AM PDT by
Atlas Sneezed
(Government borrowing is Taxation without Representation)
To: Beelzebubba
Note that the last 10 years shows a solid average of 15% per year annual gain, subject to fluctuations from a generally straight rise.
83 posted on
07/15/2011 12:10:52 PM PDT by
Atlas Sneezed
(Government borrowing is Taxation without Representation)
To: Beelzebubba
Query --
The chart is a logarithmic chart. Doesn't it need to be arithmetic, in order to display properly the catenary rise of a bubble curve?
Log scales tend to flatten out rising charts, thus masking unstable rises.
Comment? Discussion?
101 posted on
07/15/2011 11:40:07 PM PDT by
lentulusgracchus
(Concealed carry is a pro-life position.)
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