US Monetary Base Per Capita vs Gold

Something we received via email:

In 1980, when Gold had it's last bull market climbed to $950, which was around the US Money Supply per Capita (Black line)

Look at where the black line is now ($8,369)....and it will continue to climb as the Fed prints more money into existence. Will gold once again rise to touch...if not briefly overshoot the US Money Supply per Capita?

Source: Email