Comments on: Gold breaks $1,100: Does It Matter? http://livingoffdividends.com/2009/11/09/gold-breaks-1100-does-it-matter/ Join me on my journey to achieve financial independence through dividends, passive income and investments Tue, 16 Mar 2010 21:22:11 -0700 http://wordpress.org/?v=2.8.1 hourly 1 By: Living Off Dividends http://livingoffdividends.com/2009/11/09/gold-breaks-1100-does-it-matter/comment-page-1/#comment-72614 Living Off Dividends Sun, 15 Nov 2009 07:53:46 +0000 http://livingoffdividends.com/?p=1339#comment-72614 Rather than a hedge against inflation, gold is more of a hedge against poor fiscal or monetary policy. In times of good monetary policy, gold does poorly, but in times of poor monetary policy it does exceedingly well. In fact, its the best asset to own over the past 10 years! Rather than a hedge against inflation, gold is more of a hedge against poor fiscal or monetary policy. In times of good monetary policy, gold does poorly, but in times of poor monetary policy it does exceedingly well. In fact, its the best asset to own over the past 10 years!

]]> By: Mark http://livingoffdividends.com/2009/11/09/gold-breaks-1100-does-it-matter/comment-page-1/#comment-72594 Mark Sun, 15 Nov 2009 02:18:26 +0000 http://livingoffdividends.com/?p=1339#comment-72594 I appreciate the posts especially the ones on gold and the dollar. I too believe gold is a good investment for the long-term. I was having a debate with someone about how inflation affects it. They say that for the past 30 years inflation adjusted with CPI i believe that gold has not kept up with inflation. and I looked at a chart and gold had a bad couple decades or so over the past 50 years. How can we be sure gold will continue to keep up with inflation given this history? best Mark P I appreciate the posts especially the ones on gold and the dollar. I too believe gold is a good investment for the long-term. I was having a debate with someone about how inflation affects it. They say that for the past 30 years inflation adjusted with CPI i believe that gold has not kept up with inflation. and I looked at a chart and gold had a bad couple decades or so over the past 50 years. How can we be sure gold will continue to keep up with inflation given this history?

best

Mark P

]]>