No saying anyone would do this, since I think the dollars days are numbered, but an interesting mathematical exercise.
Of course, this number assumes no overheads in the transactions etc. so would be less, but still.
Start: $100,000
$1 = 83.59R
$100,000 = 8,359,000R
Fixed price for Gold in Rubles = 5000/g
8,359,000/5000 = 1,671.8g of Gold
Spot price for gold $62.52/g
1671.8g * $62.52 = $104,520.94
That's a 4.52% gain.
Wow, that is a shocker.
Also shocking..
correct. illegal to melt but would you melt your pre 1965 silver dimes and quarters? if you could go back to 1964 and exchange 100 dollars cash for 100 dollars of silver coinage you would. that's where we are now.
I would, but I'm in the UK and we don't have time travel yet.
If we did, I'd get a load of pre-1992 1p and 2p pieces, because they are almost pure copper. An old 2p piece is worth about 4.5p apparently.