Start thinking in terms of gold price

posted by
December 8, 2011
Casey Research
by Jeff Clark  
Posted in Commentary

"Someday, we (or our heirs) are going to spend some of the wealth we are accumulating. How much we can actually buy with our gains will directly depend on how hard inflation has hit whatever our investments are denominated in. A 15% gain in dollars is only 9% in real terms if USD inflation was 6% during that time frame. A money-market return of 1% is a losing investment if denominated in something inflating at 3%." (12/07/11)  

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