Comment by pqtyw
Gold was worth about as much in nominal(!) terms ~2006 as it was in back in 1980 then doubled in a couple of years. Doesn't seem like a very good hedge but rather a very volatile speculatory asset...
Gold was worth about as much in nominal(!) terms ~2006 as it was in back in 1980 then doubled in a couple of years. Doesn't seem like a very good hedge but rather a very volatile speculatory asset...