Tuesday, June 4, 2013

Deflating gold

..........So, if the government were to dramatically increase the amount of inflation-indexed bonds available for the retail sector, chances are a large number of investors may be tempted to choose these instead of gold. Keep in mind that, over the past 3 months, gold has delivered an inflation-adjusted return of minus 46%; over 6 months, the returns are bit better, but still at minus 34% on an annualised basis. Even over 2 years, the inflation-adjusted return is under 1%, certainly lower than............

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