Loading ...on the subject of daydreaming, here’s a little thought you’ve probably come across before. If you add a zero to gold’s highs and lows of the 1970s, then allowing for printing, you get a rhyme for the present price behaviour:
1971 -$34 close enough to rhyme with $220 in 2000
1975 – $195 roughly equates to the high of $1030 in 2008
1977 – down to $137 similarly proportional to the low of $700 in 2008
1980 – $800, not unlike … ?