Gold (Inflation Adjusted)

Originally posted at The Big Picture.

Gold (Inflation Adjusted): "
While everyone seems to be all abuzz over Gold’s new highs, you should be aware that these are nominal, not real highs.

Adjusted for Inflation, Gold is nowhere near its all time peak — in real terms, its only about half its prior highs:

*gt;
courtesy of Bianco Research
"
*Click to enlarge.

Steve: I thought this was an interesting chart to share. It puts the price of gold in perspective.