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11-26-2008, 10:48 PM
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#1 |
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I dont need a label !
Join Date: Sep 2008
Location: The Shire of Wilt
Posts: 2,889
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Re: AMERO: HOT and TRUE news!
How much should 1 gram and 1 ounce of gold cost??
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11-26-2008, 11:44 PM
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#2 | |
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Avalon Senior Member
Join Date: Sep 2008
Location: Switzerland
Posts: 78
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Re: AMERO: HOT and TRUE news!
Quote:
In todays US Dollar and what you can purchase with dollars today following example: Today 1 ounce of gold was trading around USD 820... so what can you buy today with USD 820.... Maybe you could buy 820 hamburgers at MCD @ USD 1.... After a revaluation of the USD and the Gold price trading freely and probabely even playing a role in a future new currency model as a sort of (partial) gold standard I expect that with one ounce of you gold you might buy between 4000 and 10'000 MCD-hamburgers or in other words the purchasing power factor is 5 to 10 so you can buy 5 to 10 times more goods with one ouce of gold.... cheers, silverman |
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