 But look, if you had a million dollars in the bank in 2009, today it would be about 700 grand worth of buying power. That's what inflation and out of control government spending does. The Fed erodes your savings. Now, look, if you put that million dollars in gold, it will be worth twice that and then some in terms of purchasing power. Look, how you protect the value of the dollars in your savings account from inflation is up to you. And investing some portion of your savings in gold is a smart way to protect the value of your savings account.