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To: MtnClimber
Yep, devalued dollar and poor outlook for equity investments will boost gold,

One of the more damaging attributes of inflation is that investing in hard assets as a hedge means that wealth is not at work producing a return.

9 posted on 09/20/2024 11:12:41 AM PDT by Carry_Okie (The tree of liberty needs a rope.)
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To: Carry_Okie
One of the more damaging attributes of inflation is that investing in hard assets as a hedge means that wealth is not at work producing a return.

One of the more damaging attributes of inflation is that investing in money derivatives as a hedge means that wealth has the false appearance of gain, because your fiat sublimates away.

Overall, there is no amount of faux "wealth" gain with derivatives not cancelled if not overwhelmed by thinning of that false "wealth".

11 posted on 09/20/2024 11:29:43 AM PDT by C210N (Mundus vult decipi, ergo decipiatur.)
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