rywnc, The authors of that flawed article DO NOT take into account three major factors. 1) Gold price manipulation/suppression (by the Bullion Banks (BB), etc.). In a free market, which does not exist here, gold would more than likely be priced much higher. 2) They use the CPI to gauge inflation, rather than what inflation really is, i.e., expansion of the money supply. So, there's enormous inflation going on now seen in the explosive money printing around the world. 3) You only have to look outside the USA to see numerous GOLD BULL MARKETS responding to inflation. My sense is, that once the BB's drive gold to near $1000, they'll set it free to skyrocket.