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Topic	Why buy physical Gold and Silver in America?
Darkman124 12/29/18 4:37:45 PM #19:	WhinyZach posted... An oz of gold now has the same purchasing power as an oz of gold did 1000 years ago. fwiw the effective price of gold in today's dollars in 1792 was $500, so its real price is about 2x higher than then that was when we had a gold standard IIRC, and a $20 pegged value of 1 oz of gold. --- And when the hourglass has run out, eternity asks you about only one thing: whether you have lived in despair or not. <cite>Darkman124 posted [p:914885482] in Why buy ph... [t:77343876]...</cite> <quote><cite>WhinyZach posted...</cite> <quote>An oz of gold now has the same purchasing power as an oz of gold did 1000 years ago. </quote> fwiw the effective price of gold in today's dollars in 1792 was $500, so its real price is about 2x higher than then that was when we had a gold standard IIRC, and a $20 pegged value of 1 oz of gold. --- And when the hourglass has run out, eternity asks you about only one thing: whether you have lived in despair or not.</quote> ... Copied to Clipboard!
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