What has been said is a very basic common sense. But if you want to go deeper, rely on authoritative sources. I've shared a link to Investopedia. Unless you claim to know more than their financial experts. Investopedia is a trusted resource for professional investors and hedge funds, not random people boasting online.View attachment 5845
Could you elaborate on that? I found it to be a sensible post; especially in these times of large government deficits and wars in the ME, inflation can run high, and gold can serve as a hedge against that.
I think it is in the medium to long term.
As the Investopedia article on inflation hedges points out:
' Gold is a popular inflation hedge because its price often rises as the dollar's value declines.'
'From 1990 to 2020, gold increased 360% compared to the Dow Jones Industrial Average's 1,081% gain, illustrating how stocks have generally provided better long-term returns.'
'Gold tends to shine brightest during specific economic conditions: periods of high inflation, geopolitical uncertainty, or market downturns, making it more valuable as a portfolio hedge than a primary growth investment.'
And You don't need AI to navigate thorough Investopedia.
Another proof is to Just look back at your own quotation in post #721, and you'll see that everything Investopedia states here is the link between gold performance vs inflation, uncertainty is true.
