$100 in 1990 was worth almost 4 troy ounces of gold. In 2020, 4 troy ounces of gold was worth about $517. Makes sense.
$100 in 1990 was worth almost 4 troy ounces of gold. In 2020, 4 troy ounces of gold was worth about $517. Makes sense.
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.
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