I enjoy all of your posts, however, in this case I think you are comparing an apple with a pared apple. One U.S. dollar currently equals 0.9691 Canadian dollars. If you divide the cost of gold in Canadian dollars by that factor, the difference is not "nowhere near" the same, but there is a difference. Those parings on the floor are important. Gold has risen in value against all currencies, worldwide over the last 10 years. That being said, this does not refute your argument, just the emphasis.