What’s the Safest Way to Hedge Against Inflation With Gold?
Until inflation becomes recognized, the investor holding gold as a hedge must have both patience and the ability to hold for an extended period. Historically, the price of gold protected the purchasing power of the currency invested in it, as the price rose in some reasonable correlation with existing or expected inflation of that […]
Why Gold Prices Dropped in 2013
Most seasoned investors have some allocation to precious metals in their portfolios, most often gold. They believe that such an allocation protects them, as it is a hedge, or an insurance policy, against the proliferation of paper (fiat) money by the world’s largest central banks. Fiat money is not backed by real physical assets. In […]