The Price of Gold Adjusted for Inflation

I have to confess that I don’t have a major point with this post. I was simply curious as to what a chart of the price of gold divided by the CPI looks like. Here it is. What’s interesting is that the recent inflation-adjusted top is fairly close to the top from 1980.


The drop in gold since the summer of 2011 has been pretty dramatic. Going by gold’s recent history, the metal seems to move in very long bullish or bearish cycles. Was 2011 the end of the bull cycle? I don’t know.

But if it were, I guess it would look like this.

Posted by on June 25th, 2013 at 1:34 pm

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