Gold Bars Are Worth a Million Dollars for the First Time https://www.bloomberg.com/news/articles/2024-08-19/gold-bars-are-worth-a-million-dollars-for-the-first-time?srnd=homepage-americas Posted by Training_Educator_44
its_me_butterfree on August 19, 2024 7:48 pm “Dollars are worth so little, it now takes 1 million to buy a gold bar”
JerryLeeDog on August 19, 2024 7:54 pm Gold is similar price to what it was 12 years ago lol Dollars have gone down a LOT though So technically gold has not even come close to an ATH in the last 10 years
RevolutionaryFun9883 on August 19, 2024 8:38 pm Gold bars would be worth a hell of a lot more if paper gold wasn’t a thing, I think it’s 124:1 paper gold to physical gold
FunnyMathematician77 on August 19, 2024 9:42 pm In the future: “Bread is a million dollars! Invest in bread!”
Various_Cabinet_5071 on August 19, 2024 10:12 pm Just wish I could find them in the real world RDR2 style
SexySpanishSensation on August 19, 2024 10:17 pm I guess that Costco gold bar was a good investment after all….
POpportunity6336 on August 19, 2024 10:43 pm “Gold bars are worth whatever consensus decides they’re worth” – Confucius says
silver_4cash13 on August 19, 2024 10:49 pm Am I a regard? https://preview.redd.it/aluimaek9pjd1.jpeg?width=1179&format=pjpg&auto=webp&s=c7226ceee42cea1ec8d9001a6b3599404d364da6
FNFactChecker on August 19, 2024 11:23 pm Shiny pet rock is outperforming every asset class this year ![img](emote|t5_2th52|8882)![img](emote|t5_2th52|8882)![img](emote|t5_2th52|8882)
15 Comments
Barrick GOLD
“Dollars are worth so little, it now takes 1 million to buy a gold bar”
Gold is similar price to what it was 12 years ago lol
Dollars have gone down a LOT though
So technically gold has not even come close to an ATH in the last 10 years
Gold bars would be worth a hell of a lot more if paper gold wasn’t a thing, I think it’s 124:1 paper gold to physical gold
*$1M drops to 1.00 Gold Bar for the first time*
-fixed
Kinross ![img](emote|t5_2th52|8882)
In the future: “Bread is a million dollars! Invest in bread!”
Just wish I could find them in the real world RDR2 style
I guess that Costco gold bar was a good investment after all….
Okay, now we will see Gold going to $30,000 real soon
“Gold bars are worth whatever consensus decides they’re worth” – Confucius says
Am I a regard?
https://preview.redd.it/aluimaek9pjd1.jpeg?width=1179&format=pjpg&auto=webp&s=c7226ceee42cea1ec8d9001a6b3599404d364da6
I didn’t read the article. Title sounds about right.
How do I short Gold?
Shiny pet rock is outperforming every asset class this year
![img](emote|t5_2th52|8882)![img](emote|t5_2th52|8882)![img](emote|t5_2th52|8882)