Originally Posted by
unknownk
So a decent suit and 2 pairs of shoes cost $1650 these days, don't think so. Actual ancient gold coins were very small, kind of like a 1/10th ounce coin and it wasn't exactly 99.999% pure either (I guess you meant one of those instead of a ounce). People invest in gold because you get no interest at the bank for deposits and everything else is a scam (stocks, municipal bonds for bankrupt cities and states, etc).
You may well be correct on the details but. it doesn't take a math wiz to figure out $35 dollar gold is now $1700, and a nickle candy bar is now $1.25. sooo which would you have rather burred in the back yard 50 years ago ?
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