![1990 vs 2020(1) [1080x918 - 139KB]](https://pic8.co/sh/OBO63r.jpg){kind=link}
Thought it was $400 an ounce in 1990.
Thought it was $400 an ounce in 1990.
You are correct. I forgot to invert it. $100 was 0.26 ounces in 1990, and in 2020 0.26 ounces was worth $493.
You are correct. I forgot to invert it. $100 was 0.26 ounces in 1990, and in 2020 0.26 ounces was worth $493.
And it was way way easier to buy coins.
And it was way way easier to buy coins.
I always look at it like this: 100 years ago you could buy an Italian suit for a $20 gold coin, and today you still can. It's the value of the dollar that's changing, not so much the value of gold.
I always look at it like this: 100 years ago you could buy an Italian suit for a $20 gold coin, and today you still can. It's the value of the dollar that's changing, not so much the value of gold.
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