My fellow Steemians,
Below you have a chart of the Gold Price adjusted for inflation from 1720 to 2018.
With a gold price at $1221, gold is almost as cheap as it was in 1999 at $250, adjusted for inflation.
The 1980 high of $850, today would be $16500.
So with the negative sentiment we have today and the low price of gold today, gold is undervalued!
Thank you for reading!
https://kingworldnews.com/alert-greyerz-the-terror-of-2008-is-about-to-come-back-with-a-vengeance/