[SallythePearl]

Tuesday, June 5th, 2012 | Posted by Editor
Does Gold’s “purchasing-power-protection” Price History Suggest Gold is Over-priced?

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The spectacular rally in the gold price over recent years [has] many observers asking if the precious metal has not moved ahead of its fundamentals…[and if it] has not entered speculative bubble territory. [To address that concern] I have calculated the purchasing-power-protection price of gold for the 43 years from 1970 to 2012 and compared it to the average market price for gold in every year [along with some background of events unfolding over each decade during that time period which should prove] useful as a framework for how to think about the [current] dollar-price of gold. [I think you will find it most enlightening. Take a look.] http://www.munknee.com/2012/06/does-...s-over-priced/