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To: expat_panama
We’re agreed that changes have become more obvious, but gold’s average price over several decades has been $500 in 2014$ so short term moves are hard to tell.

Great point, but how close are we to that $500 price point are we since our currency has been artificially propped up. Kind of an invisible inflationary pressure so to say.

30 posted on 06/27/2014 9:04:26 AM PDT by catfish1957 (Face it!!!! The government in DC is full of treasonous bastards)
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To: catfish1957
currency has been artificially propped up. Kind of an invisible inflationary pressure

That's why I was saying gold averaged $500 in 2014$, it's the price after inflation's taken back out of it, meaning the exchange rate of gold for "typical things people buy" these days is still pointing to a further return to gold buying less and less.  Example (from here):


31 posted on 06/27/2014 11:31:49 AM PDT by expat_panama
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