pdisme
05-23-2008, 07:16 PM
LOL, pity that foo'!
http://money.cnn.com/galleries/2008/pf/0805/gallery.inflation_pop_culture/5.html
Mr. T's gold - 1983
# Cost of gold in 1983: $424/troy ounce
# 2008 inflation adj. cost: $914/troy ounce
# Actual 2008 cost: $923/troy ounce
When Mr. T hit the TV scene on "The A-Team," he wore a swath of gold chains around his neck, both on-screen and off.
If T decided to cash in the raw material today, he'd make a tidy sum of $923 an ounce, which is more than double the price of gold in 1983, according to Catherine Gignac, precious metals analyst for Wellington West.
But when you adjust it for inflation, the value is about the same as it was 25 years ago, she said. So you should pity the fool who told T he'd make real money with a long-term investment.
Incidentally, Mr. T stopped wearing the gold after Hurricane Katrina, because he considered it an insult to the impoverished victims.
http://money.cnn.com/galleries/2008/pf/0805/gallery.inflation_pop_culture/5.html
Mr. T's gold - 1983
# Cost of gold in 1983: $424/troy ounce
# 2008 inflation adj. cost: $914/troy ounce
# Actual 2008 cost: $923/troy ounce
When Mr. T hit the TV scene on "The A-Team," he wore a swath of gold chains around his neck, both on-screen and off.
If T decided to cash in the raw material today, he'd make a tidy sum of $923 an ounce, which is more than double the price of gold in 1983, according to Catherine Gignac, precious metals analyst for Wellington West.
But when you adjust it for inflation, the value is about the same as it was 25 years ago, she said. So you should pity the fool who told T he'd make real money with a long-term investment.
Incidentally, Mr. T stopped wearing the gold after Hurricane Katrina, because he considered it an insult to the impoverished victims.