O'zapft Is! – The gold/Oktoberfest beer ratio 2019
Since 1950 the inflation rate for Oktoberfest beer averages 3.9% per year.
Whereas in 2018 one ounce of gold bought 93 Maß of beer, this year’s equivalent is 115 Maß, reflecting the significant gains of gold since August 2018.
The comparison with the gold/Oktoberfest beer ratio thus makes one thing certain: gold protects against paper money’s ongoing loss of purchasing power - or expressed in Wiesn terminology: against dry throats.
The long hot summer nights are a thing of the past. The time of the autumn folk festivals is dawning. The most famous of these festivities is the Oktoberfest in Munich. We at Incrementum do occasionally enjoy the Oktoberfest beer. We are particularly interested in our popular gold/Oktoberfest beer ratio, which combines both treasures.
Our world famous gold/Oktoberfest beer ratio, which we are featuring year by year in our annual In Gold We Trust report, expresses how many Maß of beer, the traditional Bavarian one-liter beer mug, can be bought with an ounce of gold. This ratio thus reflects the development of the purchasing power of gold in comparison to the purchasing power of the Euro at the Münchner Wiesn.
Whereas in 2018 one ounce of gold bought 93 Maß of beer, this year’s equivalent is 115 Maß and thus an astounding 22 Maß more. Measured against the historical average of 89 Maß, the "beer purchasing power" of gold is now considerably above the long-term average. We are though well away from the historic high of 227 Maß per ounce of gold in 1980, and naturally also from the historic low of 46 Maß of beer in 1998.
The comparison with the gold/Oktoberfest beer ratio thus makes one thing certain: gold protects against paper money’s ongoing loss of purchasing power - or expressed in Wiesn terminology: against dry throats.
You can download the full analysis including our world famous charts and the interpretation in German and English here:
Kind regards from Liechtenstein,
Mark J. Valek & Ronald-Peter Stoeferle
Incrementum A
Since 1950 the inflation rate for Oktoberfest beer averages 3.9% per year.
Whereas in 2018 one ounce of gold bought 93 Maß of beer, this year’s equivalent is 115 Maß, reflecting the significant gains of gold since August 2018.
The comparison with the gold/Oktoberfest beer ratio thus makes one thing certain: gold protects against paper money’s ongoing loss of purchasing power - or expressed in Wiesn terminology: against dry throats.
The long hot summer nights are a thing of the past. The time of the autumn folk festivals is dawning. The most famous of these festivities is the Oktoberfest in Munich. We at Incrementum do occasionally enjoy the Oktoberfest beer. We are particularly interested in our popular gold/Oktoberfest beer ratio, which combines both treasures.
Our world famous gold/Oktoberfest beer ratio, which we are featuring year by year in our annual In Gold We Trust report, expresses how many Maß of beer, the traditional Bavarian one-liter beer mug, can be bought with an ounce of gold. This ratio thus reflects the development of the purchasing power of gold in comparison to the purchasing power of the Euro at the Münchner Wiesn.
Whereas in 2018 one ounce of gold bought 93 Maß of beer, this year’s equivalent is 115 Maß and thus an astounding 22 Maß more. Measured against the historical average of 89 Maß, the "beer purchasing power" of gold is now considerably above the long-term average. We are though well away from the historic high of 227 Maß per ounce of gold in 1980, and naturally also from the historic low of 46 Maß of beer in 1998.
The comparison with the gold/Oktoberfest beer ratio thus makes one thing certain: gold protects against paper money’s ongoing loss of purchasing power - or expressed in Wiesn terminology: against dry throats.
You can download the full analysis including our world famous charts and the interpretation in German and English here:
- O'zapft is! – The gold/Oktoberfest beer ratio 2019: Full Analysis and interpretation (English version)
- O'zapft is! – Das Gold/Wiesnbier-Ratio 2019: Komplette Analyse und Interpretation (deutsche Version)
Kind regards from Liechtenstein,
Mark J. Valek & Ronald-Peter Stoeferle
Incrementum A
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