Not quite. The gold bull run of the 70s peaked at $850. So, even if you bought an ounce of gold at its peak, you'd be getting about $1300 for it today. Cash,

Not quite. The gold bull run of the 70s peaked at $850. So, even if you bought an ounce of gold at its peak, you'd be getting about $1300 for it today. Cash, on the other hand, would have inflated away quite a lot, so your 100 bucks would buy you about 40 1980-dollars' worth of goods and services today.