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To: SeekAndFind
Another chart to use:

Gold Price 1970-2009

See my #42.

43 posted on 11/13/2009 8:56:29 AM PST by brityank (The more I learn about the Constitution, the more I realise this Government is UNconstitutional !! Â)
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To: brityank
The USAGOLD chart shows that gold is worth more inflated dollars now than it was 40 years ago.  Somehow that doesn't seem like much of an accomplishment. 

Adjusting for inflation shows how much of everything else an oz. of gold can be traded for.


49 posted on 11/13/2009 9:22:34 AM PST by expat_panama
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To: brityank

Forget gold’s spike to $850 which was all of two days. The highest inflation adjusted one month average for gold was about $700 back in the early 1980s. If we reach a one month average of $1800 next month then we will be the same when inflation is taken into account. So we are not that far off from a new AU peak...not that it will happen next month

My numbers $700 and $1800 might be off a bit but you get the idea


155 posted on 11/16/2009 4:14:07 AM PST by dennisw (Obama -- our very own loopy, leftist god-thing.)
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