You're cherry-picking dates. Try it from the early 30s, the early 70s, the late 90s to now.
I Cherry picked in reaction to the article’s cherry picking. I used the average price of $640. In 1980 I had Goldbugs trying to get me in at the peak near $800 and into silver at about $35. All investing is relative, sometimes gold is ahead of inflation, sometimes it’s not. To me gold is just another way to invest.