and this uses the understated CPI inflation numbers?
Thought this would be a great chart to share with all the gold bugs high-fiving while watching a live stream of Peter Schiff sift through his Rolodex trying to find anyone else who might have nostr:nprofile1qyx8wumn8ghj7cnjvghxjmcpz4mhxue69uhk2er9dchxummnw3ezumrpdejqqg9rg869l7t43ats5gdsqrqh6njn5wjf0jpe0unvpekkredvllr6nqwfmhjz 's contact.
Even with today's nominal all-time high price, gold isn't even close to breaking it's inflation-adjusted all-time high from January of 1980...
January of 1980!
That's 45 years of monetary debasement and inflation eroding the savings of those who historically believed gold was the best store of value. Your best hedge to protect your purchasing power.
Now, compare gold’s performance to Bitcoin, and you don’t have to be Peter Brandt to analyze the chart and see which direction gold is likely headed.
Not financial advice, so I’m not saying buy Bitcoin… but maybe… buy some $BTC?
#NFA #bitcoin #btc #gold #inflation #grownostr #plebchain
nostr:nprofile1qyfhwue69uhkcmmrv9kxsmmnwsargwpk8yq3gamnwvaz7tmpv4nkjueww468smewdahx2qpqs05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sgjmwnq nostr:nprofile1qyt8wumn8ghj7etyv4hzumn0wd68ytnvv9hxgtcp2amhxue69uhkv6tvw3jhytnwdaehgu3wwa5kuef0dec82c33wv6hjufkwaskgamj0pjx2drvdpn8xdfkvahrvdrgwaa826rwvesnvu3ed44rgdekwg6hxdrgdd6ku7n80fchyuekwymh5qpqs5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqjx5gu2 nostr:nprofile1qy2hwumn8ghj7mn0wd68yetvd96x2uewdaexwqgewaehxw309ac8yetdd96k6tnswf5k6ctv9ehx2ap0qqst0xtvrqlqxm0j0qpfgkuqh0wgkzl4judkvgdgd0e4d8pnyytlqlgt350k2 nostr:nprofile1qyv8wumn8ghj7urjv4kkjatd9ec8y6tdv9kzumn9wsq3vamnwvaz7tmjv4kxz7fwwpexjmtpdshxuet5qqsqfjg4mth7uwp307nng3z2em3ep2pxnljczzezg8j7dhf58ha7ejgqgzx3h 
Discussion
Yup!
Every persons inflation rate is different but I’d say most people’s inflation rate is not 2% per year.
Just see how much your food, fuel, rent, car insurance, home insurance, etc have gone up yearly over the last 5-10 years and I can pretty much guarantee it’s not under 2%.