Bob Chapman: “If you use real inflation since 1980 gold should be $7700 an ounce”

“It’s so hard to make a call on where gold is eventually going.

If you use real inflation since 1980,
and you use the formula they used to use,
you’ll find that gold should be $7700 an ounce.”

– Bob Chapman

Transcribed by Jeff Fenske from
Dr. Stanley Monteith’s Radio Liberty, 11/8/10, hr. 3

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