4 ms·
Adjust for inflation and look at the trend starting from the 17 years before that.
by BugsJustFindMe 8y ago
Adjust for inflation and look at the trend starting from the 17 years before that.
- krageon 8y ago"adjust for inflation" on a 300% increase? Are you looking at a different graph than I am? Perhaps I don't understand what I'm looking at. Could you walk me through your reasoning?
- BugsJustFindMe 8y agoSure. Google "inflation adjusted price of gold since 1980". Or view https://b-i.forbesimg.com/rickferri/files/2013/04/GoldFig22.jpg https://b-i.forbesimg.com/rickferri/files/2013/04/GoldFig22.... The giant saddle does seem to support the idea that gold is hard to value. Then the next search phrase to look up is "inflation adjusted price of gold since 2011". It's not a pretty chart. I would not use the words "steady upward trend" to describe it. "Steady downward trend", maybe.