via Tom's Inflation Calculator -Shadowstats

http://www.halfhill.com

Results of inflation using shadowstats in oil, copper and gold. Oil, copper and gold had notable lows as the stock market peaked in 1998, or after. Calculations are in 2014 dollars, a year makes a significant price difference in Shadowstats.

Copper - 60.5 cents in 2001

Copper declined with the market, and established a low of 60.5 cents. The inflation adjusted value using Shadowstats should the market decline aught to be $1.93 in 2014 dollars.

http://schrts.co/m4N0cx

Oil - $10.65 in 1998

Oil prices saw a low in 1998 at the peak of the stock market of $10.65 a barrel. This low preceded the stock market crash. In 2014 dollar terms using Shadowstats, the inflation-adjusted value is $44.21:

http://schrts.co/2uHD93

Gold - $253.20 in 1999

Gold's low came in after the peak in 1999. Values are a little high in the line for the monthly chart noting a comparison with the 1971 gold price fix. I'll go through the numbers once again, if the inflation calculator has been changed due to the oil price drop. This line is above the inflation-adjusted value of $969.06 in 2014 dollars.

Instead of wondering where prices aught to be during the crash some consideration should be made for the drop in the $U.S. Then there are interest rates to consider as well. Gold miners have been doing very badly due to the decline in interest rates, and declining yields.

Gold's job here is to break out of the skew.

http://schrts.co/Roq4OH

-F6