Loading ...When we were allowed to own Gold, it was $140/oz, times 20? It should be $2800/oz these days. Silver? It was about $1/oz so today at $32/oz is ahead of the curve already. That would explain is sluggish action.
My new 1969 Camaro was $2840, and my brothers brand new 6pack Hemi Cuda was $2800, my friend Geno’s 1967 Corvette, loaded with a 427 cu inch three carbs was $4508. So, 2800 times 20 $56,000 for a new Camaro. The $4500 Corvette times 20 would be $90,000 today for a corvette.
Houses? They were $40,000 times 20 is $800,000. Gasoline? It was about .25 cents, times 20? it should be $5 a gallon. Property taxes also keep up with inflation because there are two workers living there.