 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. Gold has become easy to access, easy to own, whether you want it in your savings account, your 401k or IRA.