Gold Adjusted for Inflation

Here’s a look at the price of gold adjusted for inflation. As strong as the yellow metal has been over the past 13 years, it’s still below its peak from 1980.

I think the takeaway from this chart is that gold appears to be highly trend-sensitive. By that, I mean that there’s no middle ground — it’s either red hot or ice cold.

Posted by on November 20th, 2012 at 10:06 am

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