SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: bart13 who wrote (86830)9/25/2007 11:26:37 AM
From: Perspective  Read Replies (1) of 110194
 
So, should gold track the CPI? Or money supply? Gold is international - how do you account for all the currency around the world in the equation?

We may be well below the 1980 peak in CPI-adjusted gold price, but that peak was very brief. To return to such a peak, one would have to expect a pretty serious failure of confidence again. I agree that it could very well happen, but I'm not into betting on valuation extremes on the basis of rare events. I'm more into betting on mean reversions that extrema.

BC
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext