Gold Purchasing Power: What History Really Shows

The Roman suit myth says gold has always bought the same amount. The real history is more complicated — and far more revealing about where gold’s value is headed.
Gold’s Purchasing Power: What One Ounce Buys Over Time

What can one ounce of gold actually buy? The answer reveals gold’s true value better than any price chart. In 1971, one ounce bought dinner for three at London’s Savoy Grill. Today, it buys dinner for fourteen. A quality suit cost one ounce in the 1920s—and still does today. Meanwhile, fiat currencies have lost 95%+ of their purchasing power. Discover the “Savoy Gold Ratio” and why gold’s consistent buying power across generations makes it essential portfolio insurance in an era of currency debasement.
