Friday, May 20, 2011

Gold value V.S Chocolate value

Gold has been a staple of economics for many years because of its brick by brick building placement in currencies around the world. Gold stands as the foundation of currency, and the price of currency is most often based on the price of the gold bullion. Chocolate, a favorite of American sweets nationwide, is also plays a key role in American diets. But how do chocolate and gold relate financially?

The Hershey Bar, a favorite American chocolate, was introduced over 100 years ago in 1894. Since then, the brown cut chocolate bar has sold at different prices during different times. In the same way that the price of gold continues to change dramatically over time, the Hersey Bar has moved along with it.

The value of gold is always changing, and has been so since its discovery. But what does that mean for America’s famed chocolate bar? It’s value has also jumped with the price of gold. A chart published by shows how gold rules over the economic value of all things, even chocolate bars.

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