Gold's In Rare Historical Territory

Gold prices have more than doubled in the last two years. We have surpassed the gold to M to ratio in the late 70s early 80s when inflation was raging at a double-digit rate and interest rates were into the double digits as well. There's only one other time that this ratio has been higher and it was during the Great Depression during the when the gold price was fixed in the low $20 range and money supply was collapsing.So those two uh things are not true this time around. The gold price has been going up an ...