Comment by FollowingTheDao 4 days ago And what was happening in the 80s?Inflation.And what’s happening now? 1 comment FollowingTheDao Reply throw0101a 4 days ago > And what was happening in the 80s? Inflation.Gold was high in 1980 specifically and dropped after 1980 even when inflation was still high.Gold also had a peak in 2012: was there inflation then?> And what’s happening now?Nothing. Inflation peaked in February 2023 and has been dropping ever since:* https://fred.stlouisfed.org/series/CORESTICKM159SFRBATLGold didn't start going up until September 2023 and has been rising. Gold and inflation are currently inversely related.
throw0101a 4 days ago > And what was happening in the 80s? Inflation.Gold was high in 1980 specifically and dropped after 1980 even when inflation was still high.Gold also had a peak in 2012: was there inflation then?> And what’s happening now?Nothing. Inflation peaked in February 2023 and has been dropping ever since:* https://fred.stlouisfed.org/series/CORESTICKM159SFRBATLGold didn't start going up until September 2023 and has been rising. Gold and inflation are currently inversely related.
> And what was happening in the 80s? Inflation.
Gold was high in 1980 specifically and dropped after 1980 even when inflation was still high.
Gold also had a peak in 2012: was there inflation then?
> And what’s happening now?
Nothing. Inflation peaked in February 2023 and has been dropping ever since:
* https://fred.stlouisfed.org/series/CORESTICKM159SFRBATL
Gold didn't start going up until September 2023 and has been rising. Gold and inflation are currently inversely related.