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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: isopatch who wrote (718)	8/27/2001 11:13:12 PM
From: craig crawford	Read Replies (1) \| Respond to of 36161

>> What are we really paying for Gold today after adjusting for inflation since 1980? << close to $2000. but gold was very overvalued in 1980.

To: isopatch who wrote (718)	8/28/2001 12:48:30 AM
From: craig crawford	Read Replies (1) \| Respond to of 36161

here is an inflation calculator, although i think the govt lies and understates actual inflation 146.142.4.24 type in $3.50 for silver in 1993 and it comes back $4.30, so i guess it's trading at multi-decade lows around $4.20 inflation adjusted zinc traded at 37.5c/lb in 1932, right where it's trading today. 1932 is the lowest for all the data i have going back to 1875, so i guess zinc is trading near historical lows. lead also bottomed in 1932 at 41.5c/lb and it's trading at around half it's depression low today. so gold bugs, if you think gold is cheap...