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by eCa 5252 days ago
What you really said though was that the value of gold has changed compared to the dollar. Gold is a usual "safe haven" in times of economic troubles - and you could say that we have had those in the last few years.

Since 2009 gold has tripled in dollar value [1]. That does not mean that the dollar has lost a third of its value.

What your figures show:

--- August 2004: Gold $405 Google $85/share

Now: Gold $1735 Google $576/share --- Is this: Gold: 1735/405 ~= 4.28 GOOG: 576/85 =~ 6.77

GOOG/Gold: 6.77/4.3 = 1.57

Google have given their shareholders a value worth 57% more than gold.

If you instead had kept your $85 in your pocket since 2004, how many dollars would have today?

[1] http://goldprice.org/NewCharts/gold/images/gold_5_year_o_s_u...