The average worker was paid $935K gold coin equivalent in 1925, a time when the gold price was significantly higher than it is today. This staggering figure gives us an idea of just how much the value of gold has been suppressed over the years. However, it's important to note that modern workers are much more productive than their counterparts from 1925 and they also pay significantly more in taxes.
As we look to the future, it's clear that the suppression system cannot continue indefinitely. When it finally breaks, we can expect to see a significant increase in the value of gold. In fact, we may be talking about an order of magnitude difference in gold prices compared to what we see today.
It's an exciting time to be paying attention to the gold market and keeping an eye on developments that could have a major impact on our economy. Stay informed and be prepared for changes that could be coming in the near future.
This post was written by Adnan Menderes Obuz, a passionate advocate for economic education and financial literacy. Stay tuned for more insights and updates on the world of economics and finance.