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gold..... why? I don't understand.
because gold is money, that's why.
when the $USD is reduced to rubble by the ravages of inflation, brought about by the fed printing money to try to pay the runaway deficit, caused by the federal government's inability to reduce spending to be in line with revenues, then it will be obvious as to why.
where else are you going to park your money when everything else is falling apart?
If your 1st put is true which, I don't think it is, that in itself is the reason I don't want to be in gold. Because I don't want to be in cash. I can buy a good company that is growing and it will demand more money or if u want to say gold. And I don't think things are falling apart.
The S&P beats inflation. And if one thinks gold is money with inflation hedge the S&P still wins. Money... then you have gold which equals money plus inflation (according to you I think) and then you have the S&P which beats money plus inflation (gold). If you think gold is something else please feel free to comment. I just stated the reasoning for my pick against gold beating the S&P. I don't think it can over time because to me it doesn't make sense. It can't if you think about it logically. Unless you feel gold is special in some way.