Tuesday , 11 December 2018


Tag Archives: inflation adjusted price for gold

Gold Should Be At $4,666 These Days – Here's Why

Since the Financial Crisis erupted in 2007, the US Federal Reserve has engaged in dozens of interventions/ bailouts to try and prop up the financial system...and the amount of money printed is absolutely staggering. As a result of this, inflation hedges, particularly Gold, have been soaring...[but] for gold, for example, to hit a new all time high adjusted for inflation, it would have to clear at least $2,193 per ounce. If you go by 1970 dollars (when gold started its last bull market) it would have to hit $4,666 per ounce. Words: 581

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