FOA "On the notion of gold value over time relative to all things-- particularly a fine suit for a man equating with one ounce.
JUST LET IT GO.

While some things do correlate well for periods of time, history may bear false witness when looking toward things to come"
"This is a world not as before. I offer this simple, realworld example. There was a time, not long ago, when gold panners in Columbia were frustrated with the abundance of hard grey "pebbles" that would litter the final washings of their gold>>
> They were a heavy nuisance & were discarded with disdain. Today we value platinum a bit higher than they would have imagined. The modern use redefined the value accordingly.
So it will be with gold. It is very important to remember that these are not the days of the pharaohs, the kings, or the czars. There are more people ALIVE today than the sum total of all who have lived and died before us.
Economies have grown geometrically while the supply of real money (gold) has failed to keep pace. The price of everything in terms of gold actually decline over time.
This has been obscured during the modern geometric growth of economies because the world has been detatched from a gold standard for the casual observer.
As the pendulum swings its return, many will indeed be surprised that all things priced in gold have become so very much cheaper. This is good.
(hence my "what can gold buy today examples)
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