Here what is interesting:
Jan.1919, 1 oz gold = 170 DeutscheMarks Nov.1923, 1 oz gold = 87 000 000 000 DeutscheMarks
Incredible isn't it ?
All this time, the gold oz costed about 20 USD.
Jan.1919, 1 oz gold = 170 DeutscheMarks Nov.1923, 1 oz gold = 87 000 000 000 DeutscheMarks
My name is Nikolay Mihaylov, and these are my finance notes. I am *NOT* so experienced in this area, but may be is good for you to see how I am thinking :) Unlike most other blogs, here, everything is real transaction, unless is theoretical post, which is used for finding entering price. So enjoy it.
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