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 --- A GOPHER-LIKE INTERFACE FOR HIVE BLOCKCHAIN ---

Usd vs gold

BY: @uchenna | CREATED: June 30, 2017, 1:48 a.m. | VOTES: 1 | PAYOUT: $0.00 | [ VOTE ]

(https://steemitimages.com/DQmbwnvsyqpNVxZa8UBBbe3pdSm4xBJpeXJL75U4oYxbege/FB_IMG_14987869067709379.jpg)
Since 1913 gold gained about 4% in USD terms each year.
Since 1913 the USD lost about 3.2% of it's purchasing power each year.![FB_IMG_14987869067709379.jpg]

TAGS: [ #bitcoin ] [ #dollar ] [ #steemit ] [ #gold ] [ #cryptocurrency ]

Replies

@penname | June 30, 2017, 1:56 a.m. | Votes: 0 | [ VOTE ]

That's a truly astounding infographic! I bought a used car a few years ago with 2 ounces of gold that I bought at $600 an ounce in the early 2000's and had appreciated to $1100 an ounce. At the time I didn't see how the gold could go much higher. Of course it went way up. But hey I was happy with the capital gain on those 2 ounces of gold. :)

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