Inflation adjusted chart for the GLD ETF: https://totalrealreturns.com/s/GLD https://totalrealreturns.com/s/GLD (Not quite the same due to the compounding 0.4

Inflation adjusted chart for the GLD ETF: https://totalrealreturns.com/s/GLD https://totalrealreturns.com/s/GLD (Not quite the same due to the compounding 0.40%/year expense ratio of the ETF, but probably close enough for this conversation.)