When it comes to inflation, the government can just change the statistical calculation method to suit them. You can choose whichever presentation makes sense to you; however, remember what counts is what the market accepts, not you or me. We can rage against it, but we have to accept the market's judgment. I guess gold investors have made their choice.
I still believe strongly that many investors are holding and accumulating gold as a hedge against deceptive CPI methodologies and higher stock prices.