Gold - Gold must soar over $7,150 to best previous record

Wednesday, February 08, 2012




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Gold must soar over $7,150 to best previous record

Tuesday, October 20, 2009
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By Daily Crux Editor Justin Brill:

According to John Williams of Shadowstats.com, gold would have to rise more than 600% to reach its all-time inflation adjusted high.

Williams is well known for tracking "alternate" inflation measures on his Shadow Goverment Statistics page. He believes the government has been manipulating and understating true inflation for decades, and says if the same ways of measuring inflation in 1980 were used today, gold would have to rise to $7,150 to reach its previous high.

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Topics:		Gold \| Inflation \| Commodities

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