The US$ is losing value. All fiat currencies tend to lose value...

The US$ is losing value. All fiat currencies tend to lose value over the long term. US$1.00 today will buy you about as much as US$0.05 did 50 years ago. That decline is very likely to continue and may accelerate.

The mistake gold bugs make is thinking that if one day 1oz of gold is worth $5,000 or $10,000 they'll be rich. They won't. If that ever happens a loaf of bread will cost $1,000.