Rayonier Inc. (RYN) current share price is $21.29. The gold spot price is $4,808.10 per troy ounce. Using the formula: RYN in gold = $21.29 × 31.1035 ÷ $4,808.10 = 0.1377 grams of gold per share.
Over the past 20 years, RYN has a Real Wealth Growth Rate of -9.79% / yr. This means gold has been a better wealth preserver than holding RYN over this period.
"Real Wealth Growth Rate" measures the annualised compound growth rate (CAGR) of a stock when priced in gold — hard money that cannot be printed. A positive value means genuine wealth creation. A negative value means purchasing power is shrinking, even if the dollar price rises.