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It been recently estimated that in USD terms, usually are roughly $200 trillion in investable assets globally, only $5.9 trillion of that wealth is due to gold.
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At ideal of gold's last bull market in 1980, the nominal high price was $850. To achieve that same level a good inflation-adjusted basis today - using the CPI as calculated your government - the price would rise to approximately $2,000 and $3,000. And what if the U.S. accepted return into a gold standard to back its paper dollars? Gold would to be able to be valued at more than $6,000 per ounce.
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