ohne Worte..............................................

verfasst von Emerald, 11.11.2003, 23:36

-->Gold underpriced? Yes, remember, gold today is priced where it was back in 1979. And that was 24 years ago. Adjusted for inflation, gold should be selling above 2,000 today.

This just isn't so. Adjusted for inflation, assuming use of the US Consumer price index, gold should be selling for a little over $1,000. The following calculation bears that out:


Purchasing Power Calculator 1

Initial Amount: $380.00
First Year (yyyy): 1979
Last Year (yyyy): 2003

Year CPI (%)
1979 11.5
1980 13.5
1981 10.4
1982 6.1
1983 3.2
1984 4.3
1985 3.6
1986 1.9
1987 3.7
1988 4.1
1989 4.8
1990 5.4
1991 4.2
1992 3.0
1993 3.0
1994 2.6
1995 2.5
1996 3.3
1997 1.7
1998 1.6
1999 2.7
2000 3.4
2001 1.6
2002 2.4
2003 unknown

Value Equal to Initial Amount: $1,046.36
Actual Value of Initial Amount: $128.89


FYI - the financial calculator program SolveIT! v5.5 has 33 financial calculators (including a very flexible FV calculator). The above calculation was calculated using its"Purchasing Power Calculator" which maintains a database of CPI changes (which can be edited).

Available at:

www.pine-grove.com


All very true, if you want to accept the government's phoney inflation figures.
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(aus Amerika gesandt bekommen: weil es sich so einfach rechnen lässt!)

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• ohne Worte.............................................. - Emerald, 11.11.2003, 23:36