In 1935, when an ounce of gold was worth $35, you could buy:
a top-quality tailored suit for $19.75 – or 0.56 ounces of gold
a family car for $500 – or 14.3 ounces of gold
a house for $7,150 – or 204.2 ounces of gold
Today, with gold at $1,060 an ounce:
that same top-quality, tailored suit...