Nah, it's really worth $110,150, since you could have held on to the $100 for two years, then bought into Intel's IPO which would result in 5,000 shares held today due to subsequent splits, which are currently going for $22.03 each.

I first tried this exercise with oil instead of gold, but the price change over the period in question is nearly identical. I doubt it means anything, but I thought it was interesting.