In ancient Rome, 1 ounce of gold could buy you a finely tailored toga — the status symbol of a wealthy citizen. Today? That same ounce of gold (~$2,500) buys you a finely tailored suit. 👔
Same purchasing power. Same status. Just 2,000 years apart. Meanwhile, $100 in 1971 — when the U.S. dollar was decoupled from gold — has the purchasing power of roughly $15 today. That same $100 held in gold? It would be worth thousands. 💡
This is why gold has been humanity's go-to store of value for millennia. It doesn't need a CEO, a government, or a central bank to back it. It just is.
As J.P. Morgan said in 1912: "Gold is money. Everything else is credit." 🥇
