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Yes, adjusted for inflation, gold has done much worse than the media hype would suggest.
by paulpauper 1y ago
Yes, adjusted for inflation, gold has done much worse than the media hype would suggest.
- defrost 1y agoRegardless, it's been a good winter trawling for nuggets on the W.Australian goldfields, not for much longer now the sun is starting to bite.
- eadmund 1y agoOf course, adjusted for inflation the dollar has done much, much worse than gold! Not that one should put all of one’s portfolio into gold. That would be pretty insane. But a certain fixed allocation within a balanced portfolio? I think that makes sense.
- mettamage 1y agoFun take. True as well. Fiat money is very weak against inflation.