The Gold Bubble 40 Years On

Next week will mark the 40th anniversary of gold’s peak, on January 21 to be exact.

Since then, gold is down one-third in real terms (gold has nearly doubled while inflation has tripled).

Here’s the price of gold adjusted to today’s dollars:

What’s interesting is that gold seems to move in decade-long patterns that are either really good or really bad. Not much in between.

Posted by on January 16th, 2020 at 8:57 am


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