NEW: One Paycheck Buys a Lot Less House and Gold Than It Did in 1970 The wage number went up. What that wage clears went down. According to the comparison, an average salary in 1970 was $6,186 — enough for about 172 ounces of gold and about 26% of a new home. An average salary today is $69,847 — enough for about 16 ounces of $XAUt and less than 18% of a new home. Key Details: > 1970 average salary: $6,186. Gold buying power: 172 oz. Share of a new home: 26%. > Today’s average salary: $69,847. Gold buying power: ~16 oz. Share of a new home: under 18%. > Nominal pay rose about 11 times. Gold ounces per paycheck fell about 90%. > The home-affordability slice shrank even as the dollar wage looked larger. This is the purchasing-power gap, not a claim that people stopped working. More dollars, fewer ounces, a smaller piece of the house. That is the frame people use for gold and $BTC as a savings asset: the paycheck is larger on paper and weaker against scarce goods. 1970 vs Today: $6,186 Bought 172 oz of Gold. $69,847 Buys About 16 oz. Do you measure wages in dollars, or in ounces of gold and a slice of a house? #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?# $BTC $XAUt