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To: NRx

“They are however, warning that inflation is likely coming as a result of our out of control debt and that gold is at an attractive price right now.”

I know the idea of gold being an inflation hedge is conventional wisdom but if you look at historical gold prices during inflationary periods it’s been a loser.


23 posted on 10/01/2018 7:19:39 PM PDT by SaxxonWoods (Stop The Madness. Do Not Respond To Vanity Posts.)
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To: SaxxonWoods

“but if you look at historical gold prices during inflationary periods it’s been a loser.”

Not really. If you were a Weimar German, a Zimbabwean, etc, and had gold coins at the beginning, you would be very happy after the inflation ends.


66 posted on 10/01/2018 9:51:09 PM PDT by DesertRhino (Dog is man's best friend, and moslems hate dogs. Add that up. ....)
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