bonifiedhustler

Gold: Not an Effective Hedge Against Inflation

The author's argument makes little sense. The argument is that the current price, which, based on a high real-price in 1982, has provided substandard returns. For that reason, investors looking for a real-return should look elsewhere. If the inflation-adjusted price to match 1982 is $2,300/ounce, who is to say that outcome is unlikely?