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Gold/Mining/Energy : Gold Price Monitor
GDXJ 117.34+3.7%Jan 5 4:00 PM EST

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To: Heretic who wrote (3814)12/4/1997 8:37:00 PM
From: CuriousGeorge  Read Replies (1) of 116842
 
In constant 1980 inflation adjusted dollars ...

... gold is probably at ALL-TIME lows.

Does anyone have any inflation adjusted numbers?

At 4% a year x 17 years = 75% (compounded)???

$300 1997 dollars would = $75 1980 dollars

but on the bright side, gold hit $850 in 1980, how much is that in 97 dollars?!?!?!
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