Inflation/Gold Will gold skyrocket just like in the 70s?
Gold/Inflation
Jan. 1970 Gold was at $35.00 Jan. 1980 Gold was at $850.00 = Do the math....
In 1970, inflation was at 5.5% and then continued to trend up in a range from 5.5–14.4% through the 1970s before culminating at 14% in 1980. In comparison, today's global inflation is only recently above pre-pandemic levels, since mid-2021 (at 5% on average in 2021–22 and 7% in March 2022).Mar 30, 2022
GOLD IS KING...