Saturday, December 13, 2014

U.S. Debt vs. Gold Price



I haven't posted a debt vs. gold chart in a long time and thought I'd dust off the data. A few observations:

- Gold is cheaper now (compared to US debt) than it was when Nixon decoupled the dollar from gold in 1971
- It is still slightly above the exponential trend, which appears to flatten around 0.5
- The 2011 bubble was nothing compared to 1980. Wowza!
- I haven't bought gold in a while, nor have I sold it
- still holding enough to catch the last plane to Guangzhou if the whole US goes Ferguson

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