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<p>[QUOTE=&quot;Vess1, post: 5130497, member: 13650&quot;]Its difficult to understand the price comparison when people are used to what they&#039;re being paid in 2020.&nbsp;&nbsp; </p><p>&nbsp;&nbsp; &nbsp; As an example, I just watched an old army vet on antiques roadshow that was over in Germany in 1970.&nbsp;&nbsp; He was headed back to the US and his Sergeant told him to buy a Rolex before he left because they were such a good watch.&nbsp;&nbsp; So he went to a store and bought two of them.&nbsp; One was a gift to his father.&nbsp;&nbsp; He saved all the paperwork and had the original receipt.&nbsp;&nbsp; </p><p>&nbsp;&nbsp; One of the Rolexes was $104 and the other was $120.&nbsp;&nbsp; Laughable now.&nbsp; But back then, in 1970 he said one months pay was about $100!!&nbsp;&nbsp; So how many of them guys would have even been able to buy one watch let alone two?&nbsp; This was before credit cards became popular.&nbsp; </p><p>&nbsp;&nbsp; Anyways, the watch he brought in was his alone.&nbsp; Turned out it was from 1960 and was the first model of Rolex they made and extremely rare.&nbsp; &nbsp; He thought it would be worth maybe $1500.&nbsp;&nbsp; The appraiser says the watch by itself would be worth $35k at auction but since he saved the paperwork, box and original tag, he expected it would bring 65 to $75k at auction!&nbsp;&nbsp; </p><p><br /></p><p>&nbsp;&nbsp;&nbsp; So &quot;cheap&quot; gold in the past really wasn&#039;t that cheap compared to what average people were making with perhaps brief overlaps of time when you should have been buying it at a relatively discounted price.&nbsp; It seems like somebody has to make what you&#039;d call &quot; a significant financial sacrifice&quot; at some point in their lives and hold for decades for someone else down the road to have a chance to benefit from it.&nbsp; &nbsp; Something that&#039;s cheap today will always be cheap.&nbsp; Something expensive today may depreciate or increase in value.&nbsp; &nbsp; Depends on the future market.[/QUOTE]</p><p><br /></p>

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