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100 Year, Logarithmic, Inflation-Adjusted Gold Chart

By: Decomposed in 6TH POPE | Recommend this post (0)
Tue, 14 Jul 20 7:14 PM | 26 view(s)
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The chart below makes it easy for even a novice at Technical Analysis to see why gold should top in the $2000-$2200 range, near term.

But then, triple tops are rare events. If gold gets that far, it is more likely than not to break through. Then, if you consider the fundamentals -- the truly bizarre events shaping the world today and the U.S.'s staggering debt load -- the argument for having physical gold or other items with inherent value becomes very strong. As always, I recommend precious metal, farmable land with its own water (ideally in a country with a better outlook than the U.S., but I don't think any of us are interested in moving), hard liquor and ammunition.






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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months




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