If you know me, you know this is the limit that I have said the fiat ponzi can take before collapsing. People can no longer afford oil prices, let alone eat. How will they buy gold? Well, once the price surges past $1440 and on up to the tens of thousands, they won't.
Historically the ratio of a suit is 1:1 with an ounce of gold. If gold is undervalued right now, what does this mean for the price of a suit? Lobour may not be worth what it is thought to be right now, because how many people out there could make a suit?