How Cheap is Gold today?

My fellow Steemians,

Today you need 22 ounces of gold to buy the Dow Jones? In 2011, during the peak of the gold price, it was only 7.8 ounces of gold to buy the Dow Jones.

In 1999, during the dot com bubble, the ratio was 40, as you can see on the chart below.

As long as the economy stays strong in the US, there will be less demand for gold.

But once the trend reverses, you will never be able to buy gold this cheap!

Thank you for reading!

https://slimbeleggen.com/trends/goud-is-goedkoop-en-inflatie-komt-er-aan/

Coin Marketplace

STEEM 0.19
TRX 0.15
JST 0.029
BTC 63792.82
ETH 2563.50
USDT 1.00
SBD 2.66