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All That Glitters… Still Won’t Beat Inflation

You often hear it said that investing in gold is “a good hedge against inflation,” meaning the value of that gold will rise faster than consumer prices. But it turns out that is not true. If you bought gold back in 1980, it would be worth a lot more today, but it still hasn’t kept up with inflation. In fact, most seasoned investors say there is no direct correlation between the inflation rate and the price of gold.

As always, never make a significant investment in anything without consulting a financial expert you trust.

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