Welcome to the Vitus Capital Blog!
Notes to myself, possibly of interest to others.
-- Bill Northlich

Friday, May 14, 2010

Reminder - gold price -not- at new high, inflation adjusted.

Lots of flailing in the news about the high gold price. Just to repeat from a long-ago post. The gold price high in 2009 dollars reached 2358 on 1/12/80. Today the price is around 1231. So gold has to go up 1127 points or over 90% from here to reach a real new high.

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