USING GOLD AS AN INFLATION HEDGE IS INVESTING SUICIDE

By Craig Erwin, Ph.D.

Want to use gold as an inflation hedge? In 1915 gold sold for $528/ounce. By 2021 it sold for $1803/ounce (inflation adjusted). A dollar invested in the stock market in 1950 grew to $500 by 2010 (inflation adjusted with dividends reinvested). Still want gold? Don’t be stupid.