Literally Gold Is Priceless

Historically, gold has been acknowledged as real money, maintaining a consistent and unchanging value. The varying price of gold is not indicative of its intrinsic value but rather showcases the declining purchasing power of the currency used to price it, such as the U.S. dollar. Increases in the price of gold merely signify the depreciation of a currency, not gold’s appreciation. Importantly, all governments inflate and destroy their own currencies. Hence, regardless of its market price in any currency, the value of an ounce of gold stays the same, effectively rendering gold priceless.