GOLD 0.51% $1,391.7 gold futures

gold, page-124497

  1. 906 Posts.
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    SKOL
    "It's all very interesting how posters from years ago are now very thin on the ground and the forum's attracted a few newbies."
    Responding to your BS posts is a waste of time your argument is pathetic childish illogical and reputative.
    You monopolize the forum
    e.g, Your inflated adjusted Gold price is not adjusted for real inflation but the CPLie.https://hotcopper.com.au/data/attachments/5968/5968378-ebe5a6895bf799a375d7dbf2b7f0db19.jpg


    https://hotcopper.com.au/data/attachments/5968/5968398-4ad620bf88157e17f98f1393e2f6ad5a.jpg
    Compare one ounce of Gold beside US $40.8 in 1971 to todays values.
    US$ Values

    Year 1971 Today $ to Gold Ratio
    Ounce of Gold $40.8 > $2,000 2 %
    Fiat US$ $40.8 $40.8
    Ounce of Gold /40 $1 $50 2 cents in $

    Year 1971 Today Comment
    1Ounce of Gold $40.8 > $2,000 $ to Gold Ratio = 2 %
    2Fiat US$ $40.8 $40.8 98 % Depreciation
    2 cents in $
    3Ounce of Gold /40 $1 $50 1971 $1 is worth $1 Today
    1/40 oz of gold is worth $50 today


    A 1971 $1 is worth $1 Today and $50 if held in Gold
    Last edited by stelios: 17/02/24
 
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