[jamesqf]

Originally Posted by Thymeclock

Back when gold was priced at $400 per oz. the price of both a loaf of bread and a pound of rice was much less than it is now.

Here's an interesting link: Commodity Food Price Index - Monthly Price - Commodity Prices - Price Charts, Data, and News - IndexMundi
This one is to commodity food price, but the site has all sorts of things, which can be graphed over different periods. Here's crude oil: Crude Oil (petroleum), Price index - Monthly Price - Commodity Prices - Price Charts, Data, and News - IndexMundi and here's gold: Gold - Monthly Price - Commodity Prices - Price Charts, Data, and News - IndexMundi

See much correlation there? (Note that the Y-axes aren't zero-based, so you have to mentally correct for that.)