The Best Hedge Against Inflation
Let's face it: Gold has been dismal. Everyone who bought into the idea that this metal would somehow protect against inflation and central bank "money printing" has been duped. Gold has been a lousy performer.
While it's true that in the last four years gold has appreciated about 60% in value, stocks have doubled. You might say that you're still happy with your gold; however, that underperformance came despite unprecedented central bank actions, massive amounts of quantitative easing, a near collapse of the euro, ongoing wars and instability, riots and protests in Europe and America, the downfall of regimes in Egypt, Tunisia and Libya, a first-ever U.S. credit downgrade and much, much, more. Four years ago if anyone had told you that we'd be going through all that, you'd think gold would be up more like 600%, not 60%....560 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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