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Bonds, dividend investing, ETF investing, currencies
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Here’s some perspective on the recent gold rally and decline. Via Goldman Sachs:

  • The 2012 average gold price was only 2.5% lower than the 1980 average of $1,711/ounce in real terms.
  • The long-term real price average is $507/ounce, and the post Bretton Woods (1972 onwards) average is$741/ounce.
  • Despite the latest price drop, prices remain high historically.