• josephc@lemmy.ml
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    19 hours ago

    A US $1 weighs 1g according to a random website I found on the Internet. I tested and it’s close enough.

    As of today 2026/06/02, a gram of gold is worth about $140 assuming it’s minted and the purity is known.

    That honestly surprises me. It means that gold and bills (assuming c-bills) are within an order of magnitude of each other.

    Worst case with bill denominations: half a million. Best case with bill denominations: 50 million dollars.

    Worst case with gold: $140/g less 10% worst case for verification and bulk buy discounts. $120/g ballpark. $60 million. Best case with gold: ~$70 million dollars upper bound for known minted purity.

    So gold has the highest potential return but also the highest overhead.

    I’d probably go gold. Even if I lost 50% due to overhead, I’d be able to pay my mortgage and my brother’s student loans and for my mum to live in a nice place.

    Honestly, any of them would be a life changing amount of money.

    • stoly@lemmy.world
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      18 hours ago

      I didn’t do the math but concluded that gold was the better value but harder to handle.