What wasn't discussed was even though you could buy gold for 170 and sell for the squillions of Marks at the finalsed currency , how much would the same 170 buy if say , a car was purchased? Inflation is not necessarily profitable for gold , just a store of value. In order to test profits, what does the same squillion dollars also buy,and then 'backtest'.
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Last
8,595.8 |
Change
-1.900(0.02%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,597.5 | 8,623.6 | 8,543.2 |
| XJO (ASX) Chart |