A comparison to the 1970'S is not valid, IMO. What were interest rates doing then? Had a historic credit collapse taken place, as it did in 2008? Quite the contrary. We have a zero percent interest rate today. The bond market is enormous. It is a market that, unlike the tiny gold market, is greater than the FED! What is the bond market telling us? It certainly isn't telling you inflation is the problem.

As to Tyhee, it's an interesting play in that the market isn't giving the gold they do seem to have found much of any value.