OK, OK. I'll play along. Let's say gold is going to have a hyperbolic rise similar to the late 1970s. What might that look like?
The simplest view I have is that, if the percentage change equals that of the late 70s hyperbolic move, we're going to see about $2,500/ounce. The reasons for such a move in the late 70s was different, I think, than the reasons we are seeing today. But this is just a bit of a thought experiment. I don't particularly buy into it, but I'm trying to use a crowbar to keep my mind open.
