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The Gold Price for the Next 16 Years

By: Decomposed in ROUND | Recommend this post (0)
Thu, 16 Aug 12 9:55 PM | 58 view(s)
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Don’t let the nominal prices bedazzle you. Due to the inflation, a dollar of 2028 is only worth 17 cents in today’s money, so the peak price of $50,000/oz is only around $8,400/oz in today’s money.

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The amazingly straight rise of gold for the last 10+ years. Graph from Nick Laird at sharelynx.com.

Full article: http://opinions.caduceusx.com/viewtopic.php?f=20&t=9470




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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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