The point about gold is a bit misleading. Gold is not an "appreciating asset" any more than a baseball card that has a misprint and skyrockets in value is. Go

The point about gold is a bit misleading. Gold is not an "appreciating asset" any more than a baseball card that has a misprint and skyrockets in value is. Gold is priced on a world market and, for those of us in the US, purchased in dollars. When the value of the dollar goes down, the value of gold goes up, and the opposite is true. Macro factors have an effect on both sides of the equation (for instance, if nuclear war broke out tomorrow it's likely that both gold and the dollar would decline together, though there is probably a case for gold going up at that point) but in general gold moves inverse to the dollar. There are lots of reasons to expect the dollar to lose more value in the short term, but calling gold an "appreciating asset" is only true to the extent that the dollar (or currency of your choosing) is an inherently depreciating asset.