Since the Nixon Shock of 1971, the price of gold in US$ has grown 100-fold; the S&P 500, 70-fold; the Dow Jones, 50-fold; and energy costs, 20-fold. Gold is a reliable measure of true inflation: 1¢ (1971) = 1$ (2025). According to the official inflation rate, however, the $ has lost only 90% of its value since 1971, not 99%. Politics! Gold's own inflation rate is about 2% per year due to newly mined gold. Its purchasing power has remained largely unchanged since Roman times, whereas the value of all fiat currencies since then has dropped to almost zero. Let's put things in perspective. All the gold ever mined would fit into a cube with sides measuring ~22 meters, worth nearly a quarter of the global annual GDP or about one-fiftieth of the world's total value, including all real estate, infrastructure, equity, pensions, etc. This is equivalent to a cube of gold measuring less than 90 meters. You couldn't see that tiny cube from space. The Earth's core holds at least a billion times more unreachable gold. I'm not even talking about the rest of the solar system. So all human-owned wealth seems insignificant. May this thought bring you peace of mind. 🙂