While gold does not have its real value reduced by inflation, it has not proven a great...

|By:, SA News Editor

While gold does not have its real value reduced by inflation, it has not proven a great inflation hedge, according to a study by Dimson and Staunton (giants in this field of research). The metal's real return since 1900 has been 1.1%, with the main strike being that gold does not provide an income flow. Equities have returned 5.4% annualized over the same period.