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<p>[QUOTE="passantgardant, post: 1144913, member: 30033"]I really don't know what you're getting at. I did not pick any particular window or slope or anything. It is a perfectly accurate chart of the price per ounce over time. There is nothing misleading about it. The fact is that the price is growing in an exponential manner. That can mean one of two things... it will keep growing asymptotically to some line, which appears to be sometime early in 2013 (signifying hyperinflation), or the trend will fail at some point in a mania blow-off top. BTW, a plot of the money supply, oil, and other inflation indicators (I have such a chart on my blog a few months back) aren't too far off of what gold is doing, but gold has a much tighter, more obvious trend because it does not have many other outside influences which add noise. I don't know how you would draw it differently to make it not "misleading", but surely any manipulation you do to a basic chart of price vs time is going to make it more misleading, not less.[/QUOTE]</p><p><br /></p>
[QUOTE="passantgardant, post: 1144913, member: 30033"]I really don't know what you're getting at. I did not pick any particular window or slope or anything. It is a perfectly accurate chart of the price per ounce over time. There is nothing misleading about it. The fact is that the price is growing in an exponential manner. That can mean one of two things... it will keep growing asymptotically to some line, which appears to be sometime early in 2013 (signifying hyperinflation), or the trend will fail at some point in a mania blow-off top. BTW, a plot of the money supply, oil, and other inflation indicators (I have such a chart on my blog a few months back) aren't too far off of what gold is doing, but gold has a much tighter, more obvious trend because it does not have many other outside influences which add noise. I don't know how you would draw it differently to make it not "misleading", but surely any manipulation you do to a basic chart of price vs time is going to make it more misleading, not less.[/QUOTE]
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