Dear CIGAs,

In reference to John Williams, who is a respected economist, his inflation adjusted gold prices are a tad heftier than most.

John Williams, of Shadow Statistics weighed in with his inflation adjusted price. $7150.00 is not too far from Alf’s max price objective of $10,000.00.

"John Williams, an economist and the editor of Berkeley, California- based shadowstats.com said "If the methodologies of measuring inflation in 1980 had been kept intact, gold would have to hit $7,150 to be the equivalent of the 1980 record,""