By Adam Sharp
Daily Reckoning, Baltimore
Friday, September 12, 2025
A tricky gold chart is making the rounds on social media.
The Bloomberg chart in question shows that gold just surpassed its 1980 all-time high, if you adjust for CPI (official government inflation).
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At first glance, this might seem scary if you own gold and miners. Some will be tempted to sell their precious metal investments based on this faulty chart.
The problem, of course, is that government inflation is a horribly flawed measure of price. ...
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https://dailyreckoning.com/is-gold-cooked/ [2]
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