To: John Vosilla who wrote (159537 ) 6/26/2020 11:04:40 AM From: TobagoJack Read Replies (1) | Respond to of 218007 all costs paper moneyinflation.us Most Important Gold Update in History Since March 18, 2020, the real U.S. 5-year bond yield based on the TIPS market has declined by 142 basis points from 0.63% down to -0.79% . During this same time period, gold has gained by $283.50 or 19.17% from $1,478.50 per oz up to a settlement price yesterday of $1,762.10 per oz . Back on August 22, 2011, when gold reached its all-time nominal high settlement price of $1,888.70 per oz , the real U.S. 5-year bond yield based on the TIPS market settled at -0.79% , which is exactly where it settled yesterday! We are currently experiencing a repeat of 2011 , but the 2020 gold run has only just begun ! The 2011 gold run occurred over a period of exactly 27 weeks and it coincided with a very similar downward swing in real U.S. 5-year bond yields . On February 14, 2011, the real U.S. 5-year bond yield settled at 0.51% as gold settled at $1,364.60 per oz . Over the following 27 weeks, real U.S. 5-year bond yields declined by 130 basis points to -0.79% as gold gained by $524.10 or 38.4% to $1,888.70 per oz . If the 2020 gold run occurs over a period of 27 weeks like in 2011 and results in the same percentage gain of 38.4% , it will result in gold reaching $2,046.38 per oz on September 23, 2020. Although gold's day-to-day movements and short-term swings are closely correlated to the real U.S. 5-year bond yield , gold's long-term gains are closely correlated to growth in the real U.S. money supply ... calculated by adding together total U.S. checkable deposits + total U.S. savings deposits + total U.S. currency in circulation + U.S. treasury deposits at Federal Reserve banks . When gold reached its all-time nominal high settlement price of $1,888.70 per oz on August 22, 2011, the real U.S. money supply was only $7.951 trillion . During the 106 months since then, the real U.S. money supply has grown by 127.33% to $18.075 trillion . NIA has created two exclusive charts of the nominal gold price vs. real money supply adjusted gold price from August 22, 2011 through today. Gold's all-time nominal high settlement price of $1,888.70 per oz from August 22, 2011 would today be equivalent to $4,294 per oz .