DavinciJ15
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The Nasdaq 100 indexed to 100 over five years: up 95 percent in dollars and down 23 percent when priced in gold.

The same index.
Two different rulers.

The cited five-year comparison shows the Nasdaq 100 rising 95% in U.S. dollars while falling 23% when priced in gold. The companies and time period are unchanged—only the measuring unit changes.

Source figures and attribution: FFTT, LLC / TradingView. This is a visual recreation for Davincij15.com; endpoint figures are reproduced as shown in the cited graphic. Gold is used here as a comparative benchmark and should not be treated as a complete measure of inflation or purchasing power.