Great interview with Market Technical Analyst Louise Yamada interviewed on Jim Puplava's Financial Sense today. She pointed out that in 1920 a $20 gold coin would buy you a man's suit as would a $20 note. Today that $20 gold coin is worth over $1000 and would still buy you a man's suit whereas the $20 would buy you a pair of socks.
Gold is the ultimate store of value - it retains its purchasing power over time.
Catch the whole interview at www.financialsense.com