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> https://www.macrotrends.net/1333/historical-gold-prices-100-year-chart https://www.macrotrends.net/1333/historical-gold-prices-100-... In nominal terms perha

> https://www.macrotrends.net/1333/historical-gold-prices-100-year-chart https://www.macrotrends.net/1333/historical-gold-prices-100-... In nominal terms perhaps, but in inflation adjust terms it's roughly what it hit in 1980: * https://www.investopedia.com/gold-price-history-highs-and-lows-7375273 https://www.investopedia.com/gold-price-history-highs-and-lo... https://graphics.thomsonreuters.com/11/07/CMD_GLDNFLT0711_VF.html https://graphics.thomsonreuters.com/11/07/CMD_GLDNFLT0711_VF... And there have been long (10y) stretches where it's remained flat: it takes a lot of patience to HODL through something like that. Even if equities (e.g., holding an index fund) are flat at least you get some yield. With a pure commodity play like gold (or BTC) your only way of returns in price appreciation.

FollowingTheDao 1y ago
And what was happening in the 80s? Inflation. And what’s happening now?
- throw0101a 1y ago
  > And what was happening in the 80s? Inflation. Gold was high in 1980 specifically and dropped after 1980 even when inflation was still high. Gold also had a peak in 2012: was there inflation then? > And what’s happening now? Nothing. Inflation peaked in February 2023 and has been dropping ever since: * https://fred.stlouisfed.org/series/CORESTICKM159SFRBATL https://fred.stlouisfed.org/series/CORESTICKM159SFRBATL Gold didn't start going up until September 2023 and has been rising. Gold and inflation are currently inversely related.