Quote:
Originally Posted by dewilson58
"inflationary hedge"????
But since inflation has jumped (December 2020 thru today), gold is DOWN double digits.
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Yep ! And, if you are a long term investor, W.B. type, but with no special skills or expertise, you can go back 40 years and compare what a simple index 500 mutual fund would have produced compared to what the same investment in precious metals would have produced ! The post did refer to a "hedge", and we all have our ideas about the best "hedge", but it's very difficult to make a case for the precious metal investment companies with their paid entertainer "spokes people", especially the actor who warns "us" about "all that PAPER MONEY floating around".....lol, lol !