Can Gold Protect The U.S And Other Economies From Inflation?

The problem comes from what is included in the basket of goods and services. For instance, energy prices are considered too volatile and thus excluded. Think here of everything influenced by the price of oil – transportation, etc. In other words, any change in the price of goods and services due to a change in the price of oil will not be counted as inflation. Medical services or education are other examples of services that increased in value but are not included in the official inflation numbers.

By keeping its value against all fiat currencies throughout time, gold is the ultimate hedge against inflation – regardless of how one defines inflation.

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Disclaimer: None of the content in this article should be viewed as investment advice or a recommendation to buy or sell. Past performance/statistics may not necessarily reflect future ...

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