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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: E. Charters who wrote (22275)	10/26/1998 11:39:00 AM
From: Enigma	Read Replies (3) \| Respond to of 116798

EC - I think you're right about inflation adjustment on ALL charts - kind of makes a mockery of EW and others of its kind. Of course if you apply it to gold where is it really at now - in other words where is gold compared to 1971 after adjusting for inflation? We can then see the real increase in constant dollars from $35/ounce. And where should it be - if gold is a 'store of value' does this mean that it should stay the same in constant dollars and not go up at all?. If this is correct is it overvalued/undervalued now - in these terms? E