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Gold is the Ultimate Inflation Hedge!!
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<p>[QUOTE="Michael K, post: 8113442, member: 78298"]Let's say you have a million dollars in gold. In ten years you may have a million dollars in gold, you may have $900,000, you probably will have 1.1 or 1.2M.</p><p>Now there's no interest rates anymore, but a stock that pays 4%, you are already at 1.4M and generally quality stocks have been bullish for the last 100 years.</p><p>So how is gold a hedge on inflation since now your 1 million 10 years ago, still might be worth 1 million 10 years later, and because of inflation the buying power is about 700,000?[/QUOTE]</p><p><br /></p>
[QUOTE="Michael K, post: 8113442, member: 78298"]Let's say you have a million dollars in gold. In ten years you may have a million dollars in gold, you may have $900,000, you probably will have 1.1 or 1.2M. Now there's no interest rates anymore, but a stock that pays 4%, you are already at 1.4M and generally quality stocks have been bullish for the last 100 years. So how is gold a hedge on inflation since now your 1 million 10 years ago, still might be worth 1 million 10 years later, and because of inflation the buying power is about 700,000?[/QUOTE]
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