Gold $2,000, and beyond!

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Though US$850 is the nominal high price for gold (actually reached in early 1980), adjusted for inflation, a new gold price would look more like $2,200.

So what?

 That means gold’s bull market up until now is really just the first of what are probably three large upward phases. The second and third phases will be even more powerful than the first.

goldadjustedforinflation.jpg

 

Dan Denning
Dan Denning examines the geopolitical and economic events that can affect your investments domestically. He raises the questions you need to answer, in order to survive financially in these turbulent times.
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Comments

  1. The problem is that Gold is not the master in this monetary relationship. The men in high places will not allow this and will crush Gold at ever turn.

    The bottom line is that this will never be allowed. Gold has a very small market capitalization and is easily manipulated.

    Robert Burke
    January 26, 2007
    Reply
  2. Robert
    You forget history where gold has kept up with inflation across all millenia. (Pssst, wanna buy a suit?)

    What you talk of happening is what has happened the last 30 years & only now is gold starting to play catchup.

    So what you think will happen is what has happened & your views are blindsided by what is happening right now & will continue into the Krondratieff Winter.

    Historically gold will catch up to inflation & as inflation has been hedonically (3% >>> 8%) adjusted we’ll probably see gold much higher than $2,200.

    Gold is rising in protest to the debasement of money & as Bernake speeds up the presses then gold will continue to play the fiat debasement game.

    Reply
  3. at what price point will the
    Gov’t nationalize gold,silver and
    nickel?
    when that happens;what are you going to do?

    Reply

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