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<p>[QUOTE=&quot;gxseries, post: 518137, member: 4373&quot;]Hello wake up bunch of ignorants - <b>if you factored in inflation</b>, we still have <b>NOT</b> hit the price record of what happened in 1980. Use this calculator before you start talking absolute nonsense: <a href="http://data.bls.gov/cgi-bin/cpicalc.pl" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://data.bls.gov/cgi-bin/cpicalc.pl" rel="nofollow">http://data.bls.gov/cgi-bin/cpicalc.pl</a></p><p><br /></p><p>OR if you still have trouble understanding, how about an inflated adjusted gold price chart: </p><p><br /></p><p><a href="http://goldprice.org/inflation-adjusted-gold-price.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://goldprice.org/inflation-adjusted-gold-price.html" rel="nofollow">http://goldprice.org/inflation-adjusted-gold-price.html</a></p><p><br /></p><p>Case closed. Has it risen by a magical figure of 15% annually? No it hasn&#039;t and it does a VERY poor job. If you are a bank and stashed huge amount of gold in your bank, you are likely to be LOSING money because you are spending an absurd amount of money in security alone, much less maintenance on the vault etc. </p><p><br /></p><p>The thing is, the USD cannot be allowed to fall for bloody obvious reason - it&#039;s the dominant global currency and once that trust is gone, what do you suggest people to pay with? Back to the gold and silver days? That&#039;s totally absurd. A pack of candies - 1/250th oz of gold or 1/10th oz of silver please. Right, unreal.</p><p><br /></p><p>I&#039;m probably more shocked that people are not having faith in their own currency. This is NOT Zimbabwean dollars.[/QUOTE]</p><p><br /></p>

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