When the price of everything goes up at the same time it's not because everything is more expensive, it's because each unit of currency is worth less in terms of real stuff.
And contrary to the typical gold bug narrative, it's not because central banks are conjuring new money out of thin air.
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Price of hamburgers also at an all time high: https://pos.toasttab.com/blog/data/burger-prices
Conclude from that what you will. Personally the cost to keep myself alive relative to the amount I'm making is more interesting than shiny metals.
When the price of everything goes up at the same time it's not because everything is more expensive, it's because each unit of currency is worth less in terms of real stuff.
And contrary to the typical gold bug narrative, it's not because central banks are conjuring new money out of thin air.