Tuesday, October 28, 2014

Gold price vs. CPI 2000-2014

Gold averaged $279 in 2000, and so far in 2014 has averaged $1,282 the ounce, an increase of about 360%.

The all items CPI has risen over the same period from 174 to 238, or about 36%.

Which one do you think is the more accurate measure of inflation?