Sometime ago there was a television program about this, I don't guarantee to remember it very accurately but the gist was that Earth has a lot of Gold from it's orginal formation but being dense it sank to the core when the whole planet was molten. The accessible stuff in the crust probably mainly comes from meteorites etc that have hit the planet since it solidified.
MONETA Gold is dumping disproportionately.. anyone have any news on this? I can't find any. Looked positive 2 weeks ago. https://finance.yahoo.com/quote/ME.TO/
Sometime ago there was a television program about this, I don't guarantee to remember it very accurately but the gist was that Earth has a lot of Gold from it's orginal formation but being dense it sank to the core when the whole planet was molten. The accessible stuff in the crust probably mainly comes from meteorites etc that have hit the planet since it solidified.
I liked your price comparisons from 1970.
Ithink to do the same from 1937 when most things were at rock bottom is more interesting especially GOLD.........
UK FARMLAND 1937 £10 ACRE 2022 £10000 + 1000 TIMES
US CRUDE " 10 CENTS BRL " $ 90 + 900
UK HOUSE " £ 900 " £ 750,000 + 830
UK WAGE " £ 2 WEEK " £ 440 + 220
UK CAR " £ 100 " £ 12500 + 125
US GOLD " $ 35 " £ 1800 + 51
MONETA Gold is dumping disproportionately.. anyone have any news on this? I can't find any. Looked positive 2 weeks ago. https://finance.yahoo.com/quote/ME.TO/