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If you look at the chart for the GLD it doesn’t resemble and inflation proof investment imo. Maybe in the extremely long term it is but on a 1 decade time scale
by osigurdson 3y ago
If you look at the chart for the GLD it doesn’t resemble and inflation proof investment imo. Maybe in the extremely long term it is but on a 1 decade time scale for example it certainly is not.
- roenxi 3y agoI cheerfully point out that cash also doesn't resemble an inflation proof investment. The difference is gold's value ambles around a level, and cash trends down.
- DennisP 3y agoPhysical cash trends down but t-bills have kept up with inflation over the past century.
- osigurdson 3y agoFully agree that cash is not inflation proof (by design). However, when looking for something that is inflation proof it isn’t clear that gold is it.