Gold in Beers - No Longer Boring?

A Liechtenstein asset management company says gold is on the brink of a bull market but the funny thing, as in hilarious, is that they represent it not as a commodity but more as a currency, measuring how many beers of a certain brand an ounce of gold can buy in any given period.

From the Mining.com report:

Not surprisingly, the peak occurred in 1980 at 227 liters per ounce of gold when gold topped out at $850.

"Incrementum does not regard "this exalted level as completely unattainable":

"Of course, that does not mean that investors with an affinity for gold must step up their drinking game, even if the temptation of a good lager is in the same ballpark as the one for the shiny precious metal.

"It only means that less gold is needed this year to maintain a constant level of beer consumption."

Who said gold couldn't be funny?

 

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35 minutes ago, Marina Schwarz said:

"It only means that less gold is needed this year to maintain a constant level of beer consumption."

Or you could hire oil piping engineers to increase beer availability.

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