In 1920 gold fell, then it soared!
– Gold/Silver Prices Under the Weimar Republic’s Inflation (Daily Paul, Dec 21, 2010):
Stole this from another article/blogger.
Quote:
“On a closing note, because I forgot last week, I would like to share with everyone just how the price of silver and gold escalated in German Mark terms, through the Weimar experience:
Hyperinflation: Wiemar, Germany January 1919 to November 1923
[Expressed in German Marks needed to by an oz. of ag. or au.]”Jan. 1919
Silver 12
Gold 170May. 1919
Silver 17
Gold 267Sept. 1919
Silver 31
Gold 499Jan. 1920
Silver 84
Gold 1,340May 1920
Silver 60
Gold 966Sept. 1921
Silver 80
Gold 2,175Jan. 1922
Silver 249
Gold 3,976May. 1922
Silver 375
Gold 6,012Sept. 1922
Silver 1899
Gold 30,381Jan. 1923
Silver 23,277
Gold 372,447May. 1923
Silver 44,397
Gold 710,355June 5, 1923
Silver 80,953
Gold 1,295,256July 3, 1923
Silver 207,239
Gold 3,315,831Aug. 7, 1923
Silver 4,273,874
Gold 68,382,000Sept. 4, 1923
Silver 16,839,937
Gold 269,429,000Oct. 2, 1923
Silver 414,484,000
Gold 6,631,749,000Oct. 9, 1923
Silver 1,554,309,000
Gold 24,868,950,000Oct. 16, 1923
Silver 5,319,567,000
Gold 84,969,072,000Oct. 23, 1923
Silver 7,253,460,000
Gold 1,160,552,662,000Oct. 30, 1923
Silver 8,419,200,000
Gold 1,347,070,000,000Nov. 5, 1923
Silver 54,375,000,000
Gold 8,700,000,000,000Nov. 13, 1923
Silver 108,750,000,000
Gold 17,400,000,000,000Nov. 30, 1923
Silver 543,750,000,000
Gold 87,000,000,000,000
Monopoly Money on steroids in slightly less than 5 years.
what happened after that? 1924, 1925 and so on