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<p>[QUOTE=&quot;Otter, post: 731663, member: 3464&quot;]<b>Mea Culpa</b></p><p><br /></p><p>Too little time in analysis and an 8:30 meeting caused me to fire off a not completely analyzed answer.&nbsp; Partly based upon what I recalled (which appears to be incorrect) and a quote from Nadler stating ....&quot;<span style="color: Blue">But gold&#039;s correlation to inflation is about 10 percent. So, perfect inflation hedge? Far from it. In fact, it&#039;s rather ineffectual against the mundane, everyday 5 percent (or sub-5 percent) inflation that we had for 25 to 30 years. It is very effective against Zimbabwe- or Weimar Republic-style inflation—and if that&#039;s what you see the U.S. coming to, then be my guest: Overload on gold.&quot;</span></p><p><br /></p><p>Further reading, suggests there is a stronger correlation than 10% .&nbsp; Its clear I need to do further analysis....so thanks for &quot;reminding&quot; me (as my Dad used to say) &quot;Put my mind in motion before putting my mouth in gear&quot;.:hammer:[/QUOTE]</p><p><br /></p>

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