Thread: Economics Investments & Personal Finance
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Old 01-25-2013, 09:45 AM   #47
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Quote:
Originally Posted by FD View Post
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.
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