by Dave Kranzler
Investment Research Dynamics
This chart is from John Williams’ Shadow Government Statistics newsletter.
It shows the price of gold, CPI and predecessor measures and Shadow Stats alternative CPI (John removes the statistical gimmicks used by the BLS to mute inflation) from 1665 to present:
The Best Long-Term Hedge against Inflation Remains Holding Your Liquid Assets in Physical Gold and Silver
ShadowStats Ultimate Gold vs. Inflation Graphs