Do the Gold Bugs Have It Wrong?

“The Devil makes spreadsheets for idle minds…” is our theme this morning.

It follows a weekend of reviewing 1930’s price data on typical goods including things like food, apparel and even cars.  What I found out is rather shocking.  I mean I AM one of those gold and silver bugs.

My research this weekend raised some damn interesting questions though and you really need to understand the dynamics of how the numbers run out in order to see what’s-what.  So if you’re cheering gold’s break higher this morning, you might want to consider some of the possible implications of the data with us.

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