Win / GreatAwakening
GreatAwakening
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Reason: None provided.

Sorry fren, you're looking at it backwards. In 1930, one once of gold was valued at $30. $1 dollar today buys the same amount as four cents did in 1930. If, in 1930, someone buried a can with $30 in it and another with one ounce of gold in it and you happened to find them both, one can would be worth $30, the other can would be worth close to $2000 in today's valuation. One ounce of gold in 1930 buys about the same amount of goods as one ounce of gold does today.

1 year ago
1 score
Reason: Original

Sorry fren, you're looking at it backwards. In 1930, one once of gold was valued at $30. $1 dollar today buys the same amount as four cents did in 1930. If, in 1930, someone buried a can with $30 in it in and another with one ounce of gold in it and you happened to find them both, one can would be worth $30, the other can would be worth close to $2000 in today's valuation.

1 year ago
1 score