Parabolic charts tend to correct right back down. POG is parabolic since 2000 and not nearly corrected. Seems that if valuation of Dollar currency goes down, and let's just say for argument sake that the POG price per Dollar remained fixed, would not the the POG valuation as charted accordingly correct down, and thus 'correct' this parabolic chart, the return back down of the parabola being the correction?
With regard to the inflation adjusted POG over the past 100 years as charted, I am referring to my interest in seeing the chart where the Dollar valuations are fixed from a different past year, rather than fixed based upon current POG price. For instance, curious to see this same POG chart where the POG valuation is shown when gold was at just $35, when was that, the 50s and 60s?
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