Originally Posted by FD
Holding a broad based stock fund is itself a hedge against inflation. I know that saying this will bring out the crazies, but gold isn't a hedge against inflation so much as a hedge against instability. This is fine for short run thinking but if you are investing for the long run its not something you need to worry about. The S&P has outperformed gold over every 30 year period ever.
It seems the difference of opinion here is your reasonable faith in the market vs the gold peddlers who have a strong belief in a collapse of the system/severe instability.
If so, I share that faith in the market. Thanks for the comment.