Posted on 09/30/2025 10:11:47 AM PDT by delta7
I wish I had more gold but it seems too expensive to buy now.
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Estimates of gold ownership:
Percentage of the population:
A 2025 survey by First National Bullion found that 10.8% of respondents owned gold, a slight decrease from a similar 2020 survey, while 11.6% owned silver.
Household value:
Based on a 2024 estimate of Gold Survival Guide , the value of gold in a typical household may range from $600 to $1,800
I thought this was all first day stuff?
My concern is that the value of human labor is plummeting.
I used to think “ how and why are people in restaurants working for 4 dollars an hour?” Only now I ask “why are we all accepting the same wage amounts as we did in the 90s?”
“Gold isn’t really going up, the dollar is just losing value.”
Absolutely right...
In the Roman times a good Horse was equal to one once of Gold.
In the 1800s a good Horse was equal to one once of Gold.
Right now a good Horse is Equal to one once of Gold.
The value of Gold is rock stable.
Gold is a slow haul unless u know how to play options etc
I think silver has had recent run
Gold is for cataclysm investment
Better buy arms
Take the gold
Gold is a slow haul unless u know how to play options etc
I think silver has had recent run
Gold is for cataclysm investment
Better buy arms
Take the gold
For someone that says worldly goods don’t matter you sure spend a lot of effort pumping gold!
For someone that says worldly goods don’t matter you sure spend a lot of effort pumping gold!
[4] Do not weary yourself to gain wealth, cease from your consideration of it.
[5] When you set your eyes on it, it is gone. For wealth certainly makes itself wings like an eagle that flies towards the heavens."
For some odd reason, over the last couple decades my money has lost value MUCH MUCH faster at the gold shop than it has at the horse place. Or the grocery store. Go figure!
Someone just figured this out?☺
Just imagine... In the 1800s $20 would have bought what takes $3,000 to buy now... Even in 1966 my Father bought a brand new Chevelle Super Sport for $3,600 cash...
The Dollar is losing value every day, sure wish Trump would stop that...
As long as Politicians spend your money for free to receive donations to their campaigns it will never stop. That is the road to riches.
Gold in Japan today is 562,364 JPYen per troy oz.
I am sure when gold was much cheaper the Japanese thought it was too expensive, also.
Other nations people can only afford to buy their gold in grams. (1/32 Troy oz) Our future unless Trump can put our money back on a Gold standard.
Same with your house and your car.
I always like to see changes in the consumer price index, and compare salaries from long ago, with costs of products then, vs. salaries now and costs now.
My parents bought our house in 1963 for $31,000, but it was a struggle as Dad made less than $10,000 a year then. That house today is worth about $700,000.
We bought a new car in the mid 60s for about $3000. A similar car nowadays would be about $35,000.
If you want to get more details, start comparing the tax burden nowadays, with the tax rates of yesteryear.
Wealth you have or you don’t and if you have it keeping it is the tricky part.
Kind of like wisdom
Truth
You’re right, I looked it up.
If minimum wage was the same as it was in 1970, adjusted for inflation, it would be over $25/hour.
That’s over $50k a year working full time.
Silver has gone up $15 in the last 6 months. $5 in the last 2 weeks.
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