Nate C

Gold's Finest Hour: How to Buy Now

I agree with DavyJ. I keep hearing from the gold bugs (my grandgather included) that gold is an inflation hedge and should be traaing around $2000. My question : why is gold not currently trading at $2000 if it really is an inflation hedge.

If you want a real inflation hedge buy timber. Historically it has provided returns 4-6% higher than inflation. Sure beats gold's record.