Imagine it’s the year 2000 and there are two investors, with $1 million each.

One investor buys $1 million worth of gold and the other purchases $1 million worth of Saskatchewan farmland.

By 2020, who is better off?

The simple answer is gold.

In 2000, gold was valued at US$272 per ounce. On Aug. 4, gold hit US$2,000 an ounce for the first time in history. Ignoring inflation, gold is now 7.35 times more valuable than it was in 2000.