This isn't gold becoming more valuable, it's the currency continuing to devalue.
It still takes the same amount (ounces) of gold to buy the median priced house or car as it always has. However, it continually takes more and more Federal Reserve dollars to buy gold/houses/cars/food/everything.
This isn't gold becoming more valuable, it's the currency continuing to devalue.
It still takes the same amount (ounces) of gold to buy the median priced house or car as it always has. However, it continually takes more and more Federal Reserve dollars to buy gold/houses/cars/food/everything.
https://files.catbox.moe/lz069z.png
Bingo