Today I got into an argument with Sir Nightingale, who is borderline violating Sir Fully’s rules.

GDX-15

 

I also believe he doesn’t care to reply and point out the flaw in my question/reasoning.

 

GDX-15

So, Sir Farmer, next I ask you politely: what kind of rate of inflation is used to show the “inflation adjusted price of gold” in this chart? Do you read my drift? It may be a nice chart, but does it reflect the right inflation rate? We have been mislead on CPI over the last 3 decades if not more.

 

GOLDHOG DAY

GL