Gold/Beer ratio

derryb

Historically the median is at 87 litres making the “beer purchasing power” of gold at the moment above average.

cohodk

In 2011 an ounce of gold only bought 2/3rds as much beer as in 1980, yet the gold price was double. Hmmmmmm. Interesting.

cohodk

And I really like your new sigline.

ricko

Ah.. the much revered beer/gold ratio. Now, is there a wine/gold ratio? I am far too lazy to work one up myself, however, I would assume (there's that word again) that it would track in a similar fashion - though for wine, liters would be more appropriate. Cheers, RickO

mbogoman

@ricko said:
Ah.. the much revered beer/gold ratio. Now, is there a wine/gold ratio? I am far too lazy to work one up myself, however, I would assume (there's that word again) that it would track in a similar fashion - though for wine, liters would be more appropriate. Cheers, RickO

Those are liters of beer in the graph...

ricko

@mbogoman....True, but wine is more expensive than beer/liter...... especially good wine.... Cheers, RickO

tommy44

Now yur talkin. Finally something I can understand.

CaptHenway

@cohodk said:
In 2011 an ounce of gold only bought 2/3rds as much beer as in 1980, yet the gold price was double. Hmmmmmm. Interesting.

It's called "Beerflation!"