"Gold is a constant
It is all the other dynamics that move"
History Shows Price of an Ounce of Gold Equals the Price of a Decent Men's Suit, is a claim the gold bugs quite often mention in order to illustrate that point.
The problem, of course, is that it may depend on where you shop and the great fear among gold bugs is that one day they may find themselves shopping for it in China, Vietnam or the Philippines.
https://seekingalpha.com/article/1320411-1-ounce-of-gold-and-a-decent-mens-suit
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