Is gold a good inflation hedge?
Stable valueThe run for tangible stores of wealth is not new. Before gold, there were knives, dolphin teeth, salt, and seashells to name a few. Gold, though, has been the go-to metal for inflation hedging. For one, as people have more money to spend, demand for gold rises. That, coupled with a fixed supply, results in soaring gold prices. Also, as rates increase to curb inflation, investors eye tangible assets to maintain their wealth until the storm passes. With 2021 seeing the highest inflation numbers i ...
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