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re: Anyone ever bought any gold?

Posted on 1/12/16 at 5:26 pm to
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 1/12/16 at 5:26 pm to
quote:

Always been told that gold was a good offset against inflation
By gold salesmen?

Gold historically is a terrible inflation hedge. Over any 10 year period except 2000-2010 (I believe that's the decade, it's been a while since I looked at it) gold has not kept up with inflation.
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