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Gold is up ~40% over the past year. Are you really going to claim inflation is up 40% over that time period? I think Gold is too susceptible to price fluctuati
by lesuorac 1y ago
Gold is up ~40% over the past year. Are you really going to claim inflation is up 40% over that time period?
I think Gold is too susceptible to price fluctuations from speculators and that you should use Copper or something that people don't hoard to re-sell.
- verteu 1y agoFor reference, CAGR from 1926 to today: Milk: 2.5% (*low-quality data) CPI: 2.9% Copper: 3.4% Gold: 5.2%