2 ms·
I'm not an expert, I am referring to the following. Am I misunderstandibg something? > due to its real-price volatility, gold had not been a good inflation hed
by acover 5y ago
I'm not an expert, I am referring to the following. Am I misunderstandibg something?
> due to its real-price volatility, gold had not been a good inflation hedge over the short- or long-term.
They did find that, going back to the era of Emperor Augustus who reigned from 27 BC–14 AD, gold had been a pretty good hedge for inflation measured by military pay. So, if you have a liability due in 2,000 years, gold might be a good way to maintain your purchasing power.
https://www.pwlcapital.com/will-gold-save-the-day/ https://www.pwlcapital.com/will-gold-save-the-day/