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<p>[QUOTE=&quot;medoraman, post: 1248530, member: 26302&quot;]I agree fully with Jeffb&#039;s post number 44, I would also add as well the problem of doing that is treating a pound in 1990 as a pound today. Currency should be assumed to be always getting interest. Interest like that is not profit, (though greedy governments tax them), but rather simply keeping the purchasing power steady. If you bought bonds for 1000 pounds in 1990, you wouldn&#039;t be so far off. </p><p><br /></p><p>Any calculation of any asset versus nominal currency is a flawed analysis from the start. This is my problem with most gold bug analysts, they use nominal dollars. That choice right there would have earned them, if they would have turned their papers into me for a graduate Finance class, an immediate C as the highest grade that paper could grade. It is that serious of a flaw in analysis.[/QUOTE]</p><p><br /></p>

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