The erosion of wealth via #fiat debasement is clear for you to see on this chart
With the price of gold denominated us avg salary per hour
* The BLS actually has a higher number of $32 ... but the data on that price has less historical data.
NOW it takes nearly two weeks of labour to acquire 1 oz
(pre tax and living expenses obviously)
But this chart also perilously points how painful the end of US dollar dominance could be.
Pointing to an astronomical level of over 500 hours of work to get one gold ounce.
Clearly adding #PreciousMetals to your portfolio could be one the great wealth builders in the coming years.
With the price of gold denominated us avg salary per hour
* The BLS actually has a higher number of $32 ... but the data on that price has less historical data.
NOW it takes nearly two weeks of labour to acquire 1 oz
(pre tax and living expenses obviously)
But this chart also perilously points how painful the end of US dollar dominance could be.
Pointing to an astronomical level of over 500 hours of work to get one gold ounce.
Clearly adding #PreciousMetals to your portfolio could be one the great wealth builders in the coming years.