chiker

Railroads Are Getting Cheaper (vs. Gold and Silver, at Any Rate)

if you bought gold in january 1982 the dollar deflated by 2x and you just got back to even in gold ie u lost bigtime. so gold is no easy trade to hedge inflation.

the TIPS comment makes no sense - if rates skyrocket they treasury's get killed yes? but the principal value of tips adjusts as per the cpi which must also scream. you wont have rates higher with deflation, therefore tips will hold value in inflation or deflation.