What Could You Buy With $100 Worth of Silver or Gold if You Invested 40 Years Ago?
As the purchasing power of the U.S. dollar decreases by the year, investors are turning to precious metals. The public has not yet figured out that the dollar’s devaluation is ongoing and that holding physical precious metals rather than cash is an effective way of protecting their purchasing power over time. Grasping the concept of dollar devaluation is difficult for many. One of the most effective methods used to illuminate this concept is through illustrations. We at Money Metals Exchange decided to use a $100 gold/silver investment from 1971 and convert the value into its worth today. Infographic provided by Money Metals Exchange