tag:blogger.com,1999:blog-6089228851855763774.post722571757593326964..comments2021-05-07T19:43:13.442+08:00Comments on Gold Chat: The two ways gold could repeat the 1970sBron Sucheckihttp://www.blogger.com/profile/00530576934994289879noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6089228851855763774.post-82837706578443818702016-01-17T03:54:30.789+08:002016-01-17T03:54:30.789+08:00Just realized the numbers above must be controlled...Just realized the numbers above must be controlled for annual gold production. Assume average annual mine output equalling 1,6% of above ground gold during 1976-2011. That would give an adjusted gold price at the peak of 1980 of 850, and a ratio of 570.<br />The adjusted gold price at 2011 would be 3300 and the ratio then 330. Still closer to the situation in 1975 than in 1980.Investornhttps://www.blogger.com/profile/13525332995460023028noreply@blogger.comtag:blogger.com,1999:blog-6089228851855763774.post-65255383985729240082016-01-16T23:03:01.770+08:002016-01-16T23:03:01.770+08:00Isn't the ratio of goldprice to money-supply a...Isn't the ratio of goldprice to money-supply a good test to see which is the most likely scenario?<br />2011 the goldprice was 1900 and m2 10 trillion, a ratio of approx. 200. 1975 it was about the same, with a goldprice of 200 and m2 of 1 trillion. At the peak of 1980 though it was above 500, 2,5 times higher than in 1975 and 2011. So in that respect 1975 seems more likely.Investornhttps://www.blogger.com/profile/13525332995460023028noreply@blogger.com