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Strategies & Market Trends : Natural Resource Stocks

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From: Hugh Bett9/6/2025 11:48:54 PM
5 Recommendations  Read Replies (2) of 108550
 
Asked AI to take $802 gold (Jan 17, 1980) and find it's value today if it just followed the growth of M2 over the years.

To calculate the value of $800 in gold from January 17, 1980, based on the growth of the M2 money supply, you need to find the M2 growth rate and apply it to the initial investment. The M2 money supply was approximately $1.718 trillion on January 17, 1980, and is estimated to be around $21.16 trillion as of January 2025, resulting in a growth factor of about 12.32. Therefore, your initial $800 investment would be worth approximately $9,856 today, reflecting the M2 money supply growth over that period.

Yesterday gold was $3639.
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