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<p>[QUOTE=&quot;Herberto, post: 8149491, member: 74222&quot;]I want to ask our members here, and specifically these older ones, who might know more about the purchasing power of gold.</p><p><br /></p><p>Here we have a graph showing the price of 1 OZ gold between the period 1973-2020:</p><p><br /></p><p>[ATTACH=full]1421511[/ATTACH]</p><p><br /></p><p>Between 1980-2006 1 OZ gold had the value of 300-400 dollars. Later between 2013-2018 the price for one OZ gold was 1200-1300 dollars.</p><p><br /></p><p>That means the price of gold has gone up about 3 or 4 times or so.</p><p><br /></p><p>But that doesn’t mean necessarily that you are 3 or 4 times richer now: Because there is inflation and maybe the price of milk, bread or real estate have also gone up 3 or 4 times.</p><p><br /></p><p>Do you get my point here?</p><p><br /></p><p>Now I want to ask you – particularly the older members – about this:</p><p><br /></p><p>Has the price of milk, bread and real estate (or other relevant assets) also gone up 3-4 times just as gold?</p><p><br /></p><p>I hope we can have a debate here.[/QUOTE]</p><p><br /></p>

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