ratsharp

Inflation's Power: The Dollar in 25 Years

Its like managing your house expense... when costs rise ( aka inflation) , you cut down on wasteful expense ... you work hard for getting better returns i.e. look for companies that will outrun the inflationary costs... look for international assets which will grow et al.

My point is... gold is not a commodity for long term investment. It has absolutely no value ...just like art .. it just in the eyes of the beholder. If your trader tells you to buy it .. go ahead and do it ... but dont try to deceive yourself by saying that you are doing it to protect your assets from a 25 year inflation impact.... thats being lazy ..not strategic not insightful ...plain lazy