Real Gold Value? Real Purchasing Power? The Ratio Looks That Way.
3 years ago
3
Gold to dollar ratio in the early 1900’s compared to today
Ratio Value:
1919
Silver: 2.65 per ounce
Gold: 28.76 per ounce
TODAY
Silver: 4,681.00 per ounce
Gold: 33,713.00 per ounce
Purchasing Power:
1930-1940
Average chevy car cost: 16-18 ounces of gold
1927: Median Priced Harley 11 ounces of gold
TODAY
Average chevy car cost:16-18 ounces of gold
Median Priced Harley 11 ounces of gold
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