As the animation below shows, gold is a historical bulwark against currency depreciation.
Percentage of original value of the US Dollar, British pound and Japanese yen relative to gold in 1900, scale log-10:
#Gold! Is it a barbaric relic that's lost the illustrious monetary qualities in modern #finance? It may not be the most liquid medium of exchange, but as a store of value, it's brilliant!#economics #investing #currency
— James Eagle (@JamesEagle17) October 17, 2022
Music: Partying in the Hills - Cushy, Epidemic Sounds pic.twitter.com/GktP5brIHx
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