John Williams of Shadow Government Statistics www.shadowstats.com
just put out this information. $7,500. Works for me.
Even with the December 2, 2009 historic high gold price of $1,212.50 per troy ounce, the prior all-time high of $850.00 (London afternoon fix, per Kitco.com) of January 21, 1980 has not been hit in terms of inflation-adjusted dollars. Based on inflation through February 2010, the 1980 gold price peak would be $2,368 per troy ounce, based on not-seasonally-adjusted-CPI-U-adjusted dollars, and would be $7,494 per troy ounce in terms of SGS-Alternate-CPI-adjusted dollars. silverinstitute.org) has not been hit since, including in terms of inflation-adjusted dollars. Based on inflation through February 2010, the 1980 silver price peak would be $138 per troy ounce, based on not-seasonally-adjusted-CPI-U-adjusted dollars, and would be $436 per troy ounce in terms of SGS-Alternate-CPI-adjusted dollars.
Gold and Silver Highs Adjusted for CPI-U/SGS Inflation.
In like manner, the all-time high price for silver in January 1980 of $49.45 per troy ounce (London afternoon fix, per
