π 2,000 Years and Still Shining
In ancient Rome, 1 ounce of gold could buy you a finely tailored toga β the status symbol of a wealthy citizen.
Today? That same ounce of gold (~$2,500) buys you a finely tailored suit. π
Same purchasing power. Same status. Just 2,000 years apart.
Meanwhile, $100 in 1971 β when the U.S. dollar was decoupled from gold β has the purchasing power of roughly $15 today. That same $100 held in gold? It would be worth thousands. π‘
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." π₯
#Gold #StoreOfValue #Inflation #Investing #FinancialLiteracy #HardAssets #SocialFI #TOKERO
In ancient Rome, 1 ounce of gold could buy you a finely tailored toga β the status symbol of a wealthy citizen.
Today? That same ounce of gold (~$2,500) buys you a finely tailored suit. π
Same purchasing power. Same status. Just 2,000 years apart.
Meanwhile, $100 in 1971 β when the U.S. dollar was decoupled from gold β has the purchasing power of roughly $15 today. That same $100 held in gold? It would be worth thousands. π‘
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." π₯
#Gold #StoreOfValue #Inflation #Investing #FinancialLiteracy #HardAssets #SocialFI #TOKERO
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