That was from 2013, and written from the perspective that gold represents “real” worth - some platonic ideal constant measure, but it doesn’t. It’s a deflationary non-productive asset whose value is speculative and usually varied with general fear of inflation. Inflation is benchmarked against CPI. This is goldbuggery and fringe economics. By the way; that’s from the Forbes opinion piece section, not Forbes proper.

The author suggests you cannot measure inflation except by dividing by the spot price of gold. This is false, and why we have the CPI.

[1] https://www.pewresearch.org/fact-tank/2018/08/07/for-most-us...