Slope of Hope Blog Posts

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Proven Wrong, Academics Take 3rd Stab at Gold

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Harvey & Erb, they of the Golden Dilemma, once again promote a story that only an academic would stick to years after being proven wrong

They back, ole’ Harvey and Erb. First there was the Golden Dilemma in 2012, where they predicted $800 for the gold price (it made a low of 1046 in 2015) based in part on its lack of effective inflation utility (well, they were at least half right, sort of).

Then came the Golden Constant as I highlighted in 2019. Again applying faulty assumptions from the rarefied air of academia, they state: