Gold: What if we had an Inflation Party, but Nobody Came?
Posted on February 07, 2008 at 16:12 PM EST
Conventional wisdom (or is it a firmly-rooted popular misconception?) holds that Gold is the ultimate inflation hedge. Today’s consumer is convinced that inflation is here, because he winces at the gasoline pump and his wife tells him that food prices are increasing steadily. (Well, certainly the prices of any food products which contain corn are [...]