[general_re]

False. Compare the price of consumer goods - e.g., the CPI - to the price of gold for a definitive refutation of this oft-repeated, but incorrect, bit of trivia...

[Mulder]

False. Compare the price of consumer goods - e.g., the CPI - to the price of gold for a definitive refutation of this oft-repeated, but incorrect, bit of trivia

CPI has gone up by a factor of 6 in the last 40 years. Gold prices have gone up by a factor of 10 in the last 40 years.

So gold has held it's value (and more) over the last 40 years, while the dollar is worth 80% less.

I picked 40 years, because that's the first chart I could find on google.

If you have data to the contrary, or over a different time span, I'd like to hear it.