Investors worldwide are seeking safe havens from economic uncertainties. The commodity super-cycle has swept gold prices up fourfold since 2001 — but that’s just the kickoff phase say the experts.
The chart below illustrates that $1,225/oz. gold is just over halfway to a new “inflation-adjusted” price peak of $2,358/oz. reached thirty years ago. (Using official inflation stats, what cost $850 in 1980, today costs $2,350).