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To: wolfpat

Gold was $35 an ounce in 1933. So, $50K = 1428.57 ounces of gold. At today's prices, that much gold is worth $419.90 per ounce; so at a minimum, that would be $599,857.14 .


8 posted on 05/16/2005 6:32:04 PM PDT by ikka
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To: ikka
Gold was $35 an ounce in 1933.

A serving of Coke was a nickle back then. Now, the average price is about 75 cents. On the Coca-Cola scale, it would be about $750,000.00

15 posted on 05/16/2005 6:41:29 PM PDT by PAR35
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To: ikka

Not equivalent. In 1933 a man would work all day for one silver dollar and today silver is only $5.50/oz. $35 would represent an entire month's wages for many.


25 posted on 05/16/2005 7:13:49 PM PDT by Blood of Tyrants (G-d is not a Republican. But Satan is definitely a Democrat.)
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