It'd be interesting to do the exercise properly wouldn't it ie relative purchasing power performances/comparisons cash versus/gold especially over the last 12 months or so with the onset of much higher inflation.
Probably on the Net somewhere already ?
First blush look reveals gold in USD is down a fraction on 12 months ago and up a fraction in AUD so taking into account inflation gold's performance might have actually beaten cash given even the official inflation rates which we know are not truly representative.
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