Does anybody have a curve showing the true value i.e. has there been any growth against inflation or purchasing power?
This would be the graph to see - comparing two currencies to Gold doesn't really revel anything other than there strength/weakness to each other - my guess is a graph of coffee beans in USD and AUD would look pretty similar. Following the above request from PradoEagle - anyone have a chart like this? maybe in Ag as well?
I was interested in those three peaks at $1500.Each time pulls back a lot less. Might break thru' considerable this time.
3rd time is a charm....I brought silver again on the 3rd dip, which has just now gone up again..... Of course, it still comes back to luck....Here's hoping Gold will push through.
Went over a dollar fifty at one stage I seem to recall. Not sure if that was the 2008 spike. Would go a lot higher than that, I imagine, unless oil tanks as well.