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illumin8
on Feb 9, 2012
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Warren Buffett: Why stocks beat gold and bonds
Have you considered that the chart merely shows the value of gold in US dollars, and that it could be, this time, that the US dollar is the speculative bubble that has been bursting for some time now.
InclinedPlane
on Feb 9, 2012
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It has two lines, one is for prices adjusted for inflation (the blue line), the other (the yellow line) is with absolute prices.
gsmaverick
on Feb 9, 2012
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parent
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Inflation rate doesn't properly reflect the change in the value of the US dollar. A better line would be one adjusted for the growth in money supply.
Steko
on Feb 9, 2012
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Inflation is the proper measure. The chart might not say what you want it to but that's not it's fault.
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